Slashing Estimate for Berkshire Hathaway

S&P cites the impact of the September 11 tragedy

Company: Atmel Corp (ATML )

Year ending: Dec-01

Prior estimate: 0.00

New estimate: d0.05

Rationale: Slowing economy, pricing erosion

Company: Berkshire Hathaway (BRK.A )

Year ending: Dec-01

Prior estimate: 1100.00

New estimate: 150.00

Rationale: Impact of September 11 tragedy

Company: Briggs & Stratton (BGG )

Year ending: Jun-02

Prior estimate: 2.35

New estimate: 1.80

Rationale: Weaker than expected Q2 EPS

Company: Electroglas (EGLS )

Year ending: Dec-01

Prior estimate: d1.62

New estimate: d1.99

Rationale: Weaker economy, poor order bookings

Company: Fleetwood Enterprises (FLE )

Year ending: Apr-02

Prior estimate: d0.40

New estimate: d0.70

Rationale: Continued weak economy

Company: KLA-Tencor (KLAC )

Year ending: Jun-02

Prior estimate: 1.60

New estimate: 1.11

Rationale: See weak December revenues

Company: MedImmune (MEDI )

Year ending: Dec-01

Prior estimate: 0.82

New estimate: 0.69

Rationale: One-time costs in Q3

Company: Providian (PVN )

Year ending: Dec-02

Prior estimate: 3.54

New estimate: 0.36

Rationale: Lower revenues, higher credit losses

Company: Scientific-Atlanta (SFA )

Year ending: Jun-02

Prior estimate: 1.23

New estimate: 1.01

Rationale: Lower net digital subscriber additions

Company: Sepracor (SEPR )

Year ending: Dec-01

Prior estimate: d3.25

New estimate: d2.60

Rationale: See better than expected revenues