Markets & Finance

Level 3 Loss Estimate Narrowed


Nov. 5

Company: Level 3 Communications (LVLT)

Year ending: Dec-02

Prior estimate: d7.75

New estimate: d5.32

Rationale: Lower costs

Nov. 2

Company: CommScope Inc. (CTV)

Year ending: Dec-02

Prior estimate: 1.30

New estimate: 1.00

Rationale: Weakening carrier spending

Company: Olin Corp. (OLN)

Year ending: Dec-01

Prior estimate: 0.10

New estimate: d0.05

Rationale: Weak demand, lower chlor-alkali prices


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