Widening Loss Estimate for Sprint PCS

S&P cites weaker outlook at wireless communications network provider

Applied Micro Circuits (AMCC )

Year ending: Mar-02

Prior estimate: 0.45

New estimate: 0.31

Rationale: Weakened prospects

Cisco Systems (CSCO )

Year ending: Jul-01

Prior estimate: 0.61

New estimate: 0.51

Rationale: Industry slowdown

Louis-Pacific (LPX )

Year ending: Dec-01

Prior estimate: d0.50

New estimate: d1.75

Rationale: Weak wood products market

Company: Metromedia Fiber Network (MNFX )

Year ending: Dec-01

Prior estimate: d1.05

New estimate: d1.20

Rationale: Interest on assumed debt

Company: Sprint PCS (PCS )

Year ending: Dec-01

Prior estimate: d0.95

New estimate: d1.15

Rationale: Weaker outlook

Company: American Greetings (AM )

Year ending: Feb-02

Prior estimate: 2.85

New estimate: 1.10

Rationale: Retail inventory & pricing pressures

Company: Conexant Systems (CNXT )

Year ending: Sep-01

Prior estimate: d0.22

New estimate: d0.95

Rationale: Weak industry conditions

Company: Stilwell Financial (SV )

Year ending: Dec-01

Prior estimate: 2.85

New estimate: 2.20

Rationale: Lower assets under management

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