Markets & Finance

Lower Estimate for Juniper Networks


Company: BJ Services (BJS)

Year ending: Sep-02

Prior estimate: 1.31

New estimate: 1.12

Rationale: Weaker drilling activity

Company: ESS Technology (ESST)

Year ending: Dec-02

Prior estimate: 1.05

New estimate: 1.22

Rationale: Reflects design wins in the DVD market

Company: Juniper Networks (JNPR)

Year ending: Dec-02

Prior estimate: 0.19

New estimate: 0.08

Rationale: Project delays by carriers

Company: Orthofix (OFIX)

Year ending: Dec-02

Prior estimate: 1.45

New estimate: 1.80

Rationale: Positive trends

Company: Riverstone (RSTN)

Year ending: Feb-03

Prior estimate: 0.15

New estimate: 0.07

Rationale: Weak carrier spending

MAR. 27

Company: Dana Corp. (DCN)

Year ending: Dec-02

Prior estimate: 0.13

New estimate: 0.64

Rationale: Benefits from improving economy

Company: Parametric Technology (PMTC)

Year ending: Sep-02

Prior estimate: 0.27

New estimate: 0.18

Rationale: Weak worldwide manufacturing market

Company: Thomas & Betts (TNB)

Year ending: Dec-02

Prior estimate: 0.25

New estimate: 0.10

Rationale: See slow rebound in sales


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