Lowering Earnings Target for Extreme Networks

S&P sees slowdown in IT spending affecting results

Company: Anadarko Petroleum (APC )

Year ending: Dec-01

Prior estimate: 5.65

New estimate: 7.00

Rationale: Continued strength of commodity prices

Company: Extreme Networks (EXTR ) Year ending: Jun-01

Prior estimate: 0.40

New estimate: 0.23

Rationale: IT spending slowdown

Company: Interstate Bakeries (IBC )

Year ending: May-01

Prior estimate: 1.20

New estimate: 0.90

Rationale: Continued impact of higher costs

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