Company: Cypress Semiconductor (CY

)

Year ending: Dec-03

Prior estimate: -0.07

New estimate: 0.05

Rationale: Company guidance

Company: Edwards (A.G.) (AGE

)

Year ending: Feb-04

Prior estimate: 2.14

New estimate: 1.71

Rationale: Lower projected sales growth

Company: Goldman Sachs (GS

)

Year ending: Nov-03

Prior estimate: 4.64

New estimate: 4.10

Rationale: Weaker than expected sales recovery

Company: Lehman Brothers Holdings (LEH

)

Year ending: Nov-03

Prior estimate: 4.50

New estimate: 4.05

Rationale: Slower sales improvement than expected

Company: Mirant Corp (MIR

)

Year ending: Dec-03

Prior estimate: 1.40

New estimate: 0.85

Rationale: Asset sales; weak operating environment

Company: Park Electrochemical (PKE

)

Year ending: Feb-04

Prior estimate: 0.28

New estimate: 0.25

Rationale: Slower than expected demand turnaround Dec. 20

Company: 3Com Corp (COMS

)

Year ending: May-03

Prior estimate: -0.03

New estimate: -0.07

Rationale: Lower projected revenues

Company: Scholastic (SCHL

)

Year ending: May-03

Prior estimate: 2.85

New estimate: 2.50

Rationale: Company guidance

Company: USA Interactive (USAI

)

Year ending: Dec-03

Prior estimate: 0.60

New estimate: 0.70

Rationale: See acquisitions accretive to EPS Dec. 19

Company: AXT (AXTI

)

Year ending: Dec-03

Prior estimate: -0.42

New estimate: -0.77

Rationale: Company guidance; pricing pressure

Company: Commercial Metals (CMC

)

Year ending: Aug-03

Prior estimate: 1.20

New estimate: 0.80

Rationale: Weak first quarter, market weakness

Company: Jack in the Box (JBX

)

Year ending: Sep-03

Prior estimate: 2.42

New estimate: 2.03

Rationale: Discounting by Burger King, McDonald's

Company: Palm Inc (PALM

)

Year ending: May-03

Prior estimate: -0.20

New estimate: -1.16

Rationale: Lower revenues, gross margin pressure

Company: Texas Industries (TXI

)

Year ending: May-03

Prior estimate: 0.80

New estimate: 0.30

Rationale: Weak second quarter, see further weakness in the third quarter