Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: KevinMark who wrote (41487)	3/18/2002 9:13:35 AM
From: Softechie	Read Replies (1) of 99280

CSFB cuts estimates in telecom equipment space (5.06) CSFB is decreasing estimates in space to reflect ongoing weakness in the telecom equipment sector and lack of visibility to end-demand improvement. Firm's 2002 est for Nortel trimmed to ($0.31) from ($0.24) and 2003 to $0.15 from $0.20. Current Multex consensus estimates for the periods are ($0.29) and $0.04... CSFB also lowering numbers on TLAB and CIEN this morning. For TLAB, 2002 goes to $0.10 from $0.15 and 2003 to $0.25 from $0.35. For the same periods, CIEN estimates cut to ($0.73) from ($0.71) and to ($0.43) from ($0.35).

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