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Technology Stocks : JDS Uniphase (JDSU)

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To: Wyätt Gwyön who wrote (9070)4/17/2000 2:11:00 PM
From: Jack T. Pearson   of 24042
 
NEW YORK (Reuters) - Fiber optics maker Corning Inc. (NYSE:GLW - news) said on Monday it will take a $35 million charge in the first quarter to write down its investment in Pittsburgh Corning, which filed Chapter 11 bankruptcy.

Pittsburgh Corning is an equally owned equity investment of Corning and glass products maker PPG Industries Inc.(NYSE:PPG - news)
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