Corning Incorporated (GLW) Message Board

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Technology Stocks : Corning Incorporated (GLW)

GLW 84.20

+0.7%

Nov 28 9:30 AM EST

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To: t2 who wrote (808)	9/13/2000 12:24:51 AM
From: Boplicity	Read Replies (2) of 2260

The optical bubble has burst! I think NT is going to the 50's. The only condition that will stop the infra plays from dropping is someone or some company of stature has to come out and say that there is no slow down or glut! I think they all will be dead money till earnings or the above mention news or comments come out and change the psychology surrounding them. All the bullishness surrounding the sector is known and priced in. A year or longer is too long for this investor to wait, and I'm sure others feel the same way. The companies are reporting knock out earning, heck some have been pre-announcing and raising the bar before earnings even come out, but until this supposed slow down is dispel, they are not going to recover anytime soon. The question know is how long will it take for them to recover? Could it be time to switch to the companies that have been buyers of all this equipment? Is now the time to buy the companies that will be offering all this wonderful bandwidth and services for sale? Are the last mile companies better plays then the backbone companies? greg

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