FINANCE NOTES

          UBS Securities analyst Ed Hatch lowered his earnings
     estimate for Disney stock from $3.15 to $2.96.  Merrill
     Lynch's Jessica Reif cut her profit forecast from $3.10 to
     $3.  The analysts' "shift" has pushed Disney's stock price
     down $5 since last week.  The stock closed yesterday up $1
     to $109.75.  In N.Y., Phyllis Furman writes, "Despite the
     downgrades, analysts said yesterday that Disney remains one
     of the premier entertainment companies whose earnings should
     grow by at least 16% this year" (N.Y. DAILY NEWS, 6/24).
     ...SportSite.com, an online sporting goods store, has closed
     a $5M financing round with venture capital firms J.H.
     Whitney and Draper Fisher Jurvetson (SportSite.com).