The Stocks Wall Street Is Watching

The following stocks may be
impacted due to significant news as noted:

Chip maker Microchip
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has lowered
its fourth-quarter earnings estimates to $0.16 per share vs. consensus estimates
of $0.17.

Also in the chip sector, Marvell Technology Group

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MRVL |
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has been downgraded by UBS to "reduce" from "neutral".

Restaurant company and Dow stock McDonalds
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MCD |
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has been upgraded by CSFB to "outperform" from "neutral".

Healthcare facilities company Accredo Health
(
ACDO |
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has lowered its 2003 earnings estimates to between $1.20-1.25 per
share vs. a consensus of $1.37per share.

Medical equipment and supplies company Varian
Medical

(
VAR |
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has raised its second-quarter earnings guidance to
$0.46-0.48 per share vs. previous estimates of $0.42.

Pre-market action:


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ASIA |
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+5%,
(
BRCM |
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+1.8%,
(
MCD |
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+1.6%,
(
GE |
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+0.8%,


(
ACXM |
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-28%,
(
MCHP |
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-10.5%,
(
RFMD |
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-8%,
(
INTL |
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-7%,
(
MRVL |
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-6%,
(
MANH |
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-5%,
(
QCOM |
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-2.9%.