Company: AnnTaylor (ANN

)

Year ending: Jan-03

Prior estimate: 1.62

New estimate: 1.92

Rationale: New merchandise offerings

Company: Fleming Cos. (FLM

)

Year ending: Dec-02

Prior estimate: 2.18

New estimate: 2.58

Rationale: Benefit from goodwill accounting

Company: Visteon Corp. (VC

)

Year ending: Dec-02

Prior estimate: 0.45

New estimate: 0.25

Rationale: Increased pressure on marginsMAR. 7

Company: Celgene Corp. (CELG

)

Year ending: Dec-02

Prior estimate: 0.34

New estimate: 0.15

Rationale: Higher R&D costs, lower revenues

Company: Ionics Inc. (ION

)

Year ending: Dec-02

Prior estimate: 1.10

New estimate: 0.85

Rationale: Continued weak microelectronics

Company: Tribune Co. (TRB

)

Year ending: Dec-02

Prior estimate: 0.79

New estimate: 1.17

Rationale: Recovery earlier than seen