Markets & Finance

Earnings Estimates Lowered for Gateway Inc.


Company: Commercial Metals (CMC)

FY-End: Aug-01

Prior: 2.30

New: 1.50

Rationale: Continued weakness in all segments

Company: Gateway Inc (GTW)

FY-End: Dec-01

Prior: 1.88

New: 1.32

Rationale: Weak consumer PC sales

Company: Pentair Inc (PNR)

FY-End: Dec-01

Prior: 3.25

New: 2.05

Rationale: Weakness in equipment segment

Company: Salton Inc (SFP)

FY-End: Jun-01

Prior: 6.75

New: 5.60

Rationale: Retail softness, decreased reordering


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