Markets & Finance

Lowering Earnings Estimates for Circuit City

Company: Circuit City (CC)

Year ending: Feb-02

Prior estimate: 1.00

New Estimate: 0.80

Rationale: Lower than expected revenues

Company: Edwards & Co. (JDEC)

Year ending: Oct-01

Prior estimate: 0.45

New Estimate: 0.18

Rationale: Lowered co outlook, challenging economy

Company: LSI Logic (LSI)

Year ending: Dec-01

Prior estimate: 1.15

New Estimate: 0.45

Rationale: Slowdown in chip sector

Company: OfficeMax (OMX)

Year ending: Jan-02

Prior estimate: 0.25

New Estimate: 0.05

Rationale: Continued weakness in sales

Race, Class, and the Future of Ferguson

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