Markets & Finance

Not All Fun and Games at Midway


Company: Midway Games (MWY)

Year ending: Jun-01

Prior estimate: d0.72

New estimate: d1.03

Rationale: Discounts on old products

Company: Crompton Corp. (CK)

Year ending: Dec-01

Prior estimate: 1.05

New estimate: 0.90

Rationale: Higher raw material, energy costs

Company: Harmonic Inc. (HLIT)

Year ending: Dec-01

Prior estimate: 0.20

New estimate: d0.55

Rationale: Slower sales

Company: Keane (KEA)

Year ending: Dec-01

Prior estimate: 0.43

New estimate: 0.50

Rationale: Selling unprofitable unit.

Company: Mead Corp. (MEA)

Year ending: Dec-01

Prior estimate: 1.15

New estimate: 0.95

Rationale: Dimming paper, packaging prospects


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