business

Raising Forecast for Amazon.com

Also: earnings estimate changes for Ford and others

Company: Amazon.com (AMZN )

Year ending: Dec-02

Prior estimate: d0.14

New estimate: 0.19

Rationale: Improving sales mix, efficiencies

Company: Diamond Offshore Drilling (DO )

Year ending: Dec-02

Prior estimate: 1.94

New estimate: 1.23

Rationale: Lower price realizations

Company: GATX Corp. (GMT )

Year ending: Dec-02

Prior estimate: 2.50

New estimate: 2.00

Rationale: Weak railcar and aircraft demand

Company: Johnson Controls (JCI )

Year ending: Sep-02

Prior estimate: 5.09

New estimate: 5.77

Rationale: Excludes goodwill charges

Company: Keithley (KEI )

Year ending: Sep-02

Prior estimate: 0.09

New estimate: d0.16

Rationale: Weak semiconductor, telecom markets

Company: Mead Corp. (MEA )

Year ending: Dec-02

Prior estimate: 1.00

New estimate: 0.40

Rationale: Continued weak market conditions

Company: Universal Health (UHS )

Year ending: Dec-02

Prior estimate: 2.20

New estimate: 2.53

Rationale: Goodwill nonamortization gain

JAN. 18

Company: Boise Cascade (BCC )

Year ending: Dec-02

Prior estimate: 1.50

New estimate: 0.90

Rationale: Weak demand

Company: Briggs & Stratton (BGG )

Year ending: Jun-02

Prior estimate: 1.80

New estimate: 2.00

Rationale: Reflects better demand for engine sales

Company: Callaway Golf (ELY )

Year ending: Dec-02

Prior estimate: 1.30

New estimate: 1.00

Rationale: Weaker than expected sales

Company: Coca Cola Enterprises (CCE )

Year ending: Dec-02

Prior estimate: 0.25

New estimate: 0.82

Rationale: Elimination of goodwill amortization

Company: Extreme Networks (EXTR )

Year ending: Jun-02

Prior estimate: 0.01

New estimate: 0.08

Rationale: Better than expected earnings

Company: Ford Motor (F )

Year ending: Dec-02

Prior estimate: d0.34

New estimate: 0.29

Rationale: Restructuring benefits

Company: Network Associates (NETA )

Year ending: Dec-02

Prior estimate: 0.36

New estimate: 0.43

Rationale: Strength in Internet security sector

Company: Read-Rite (RDRT )

Year ending: Sep-02

Prior estimate: 0.24

New estimate: 0.15

Rationale: Expected weakness in recording bookings

Company: WorldCom Group (WCOM )

Year ending: Dec-02

Prior estimate: 1.17

New estimate: 0.66

Rationale: Weak economy

Company: Xilinx Inc. (XLNX )

Year ending: Mar-02

Prior estimate: 0.20

New estimate: 0.27

Rationale: Better than expected revenues

JAN. 17

Company: Advanced Micro Devices (AMD )

Year ending: Dec-02

Prior estimate: d0.15

New estimate: 0.20

Rationale: Better than expected pricing

Company: Avaya Inc. (AV )

Year ending: Sep-02

Prior estimate: 0.67

New estimate: 0.05

Rationale: Lower than expected sales

Company: General Motors (GM )

Year ending: Dec-02

Prior estimate: 1.54

New estimate: 2.60

Rationale: Better than expected fourth quarter

Company: Plexus Corp. (PLXS )

Year ending: Sep-02

Prior estimate: 0.55

New estimate: 0.35

Rationale: Continued softness in end-market demand

Company: Teradyne (TER )

Year ending: Dec-02

Prior estimate: d1.06

New estimate: d1.26

Rationale: Company guidance

JAN. 16

Company: Calpine Corp. (CPN )

Year ending: Dec-02

Prior estimate: 2.00

New estimate: 1.75

Rationale: Weaker spark spreads

Company: DoubleClick (DCLK )

Year ending: Dec-02

Prior estimate: 0.08

New estimate: 0.13

Rationale: Improving Internet advertising

Company: Eastman Chemical (EMN )

Year ending: Dec-02

Prior estimate: 2.25

New estimate: 1.75

Rationale: Lower than expected sales

Company: Juniper Networks (JNPR )

Year ending: Dec-02

Prior estimate: 0.36

New estimate: 0.19

Rationale: Weak carrier spending

Company: RF Micro Devices (RFMD )

Year ending: Mar-02

Prior estimate: 0.02

New estimate: d0.01

Rationale: Recovery slower than expected

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