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Technology Stocks : Corning Incorporated (GLW)
GLW 88.32-8.0%Dec 12 9:30 AM EST

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To: Johnny Canuck who wrote (619)6/29/2000 12:20:00 AM
From: jack bittner   of 2260
 
i do think that those leaders selling at 400+ times earnings(GLW)and 500+ times (SDLI) must pause. so i've taken my GLW and SDLI profits, plus some of my own money and put it all into NT, which is selling at about 70 times operating earnings, and whose COO Chadran just reiterated that NT will grow revenues 30-35% in 2000. If that converts to 30-35% operating earnings increase, NT is selling at 50 times 2001 operating earnings - something utterly impossible for GLW and SDLI.
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