Here are a couple articles re: GLW's microarray work in Proteomics; they're in a crowded field, but it's one they know well.
siliconinvestor.com.
Message 15900861
GLW never got the hypervaluation that JDSU did, because GLW was not a fiber optics pure play. It had boring businesses like the flat panel glass and ceramics for emissions control in auto mufflers, even. Coming out the other side of this shakeout, GLW should be able to use the cash it generates from those very profitable businesses, as well as from the fiber business, to pick up a lot of good fiber optic switch and transmission technology at fire sale prices, from the hundreds of start-ups that were funded by VC's in the past 2 years, and have nowhere to go.
Two or three years from now, GLW will be perceived as one of the best positioned companies in the fiber optic arena, if not the very best. And it may just get a nicely irrational premium valuation, then.
(And GLW has great research capability in-house, both here and in the UK, to put all the pieces together. If GLW can keep funding R&D through the trough, the payoff could help it outdistance many rivals.) |
