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Technology Stocks : Corning Incorporated (GLW)
GLW 89.01+1.3%Nov 12 3:59 PM EST

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To: PoetTrader who wrote (888)10/3/2000 7:46:41 PM
From: t2  Read Replies (2) of 2260
 
We need the market to turn. Just saw Paul Meeks of Merrill Lynch (CNN Moneyline) mention that his fund is focussing on stocks like GLW, NT, JNPR. He is staying away from the PC sector.
Also said that that economic slowdown and oil won't be hurting this sector. The network buildout is still going to happen.

Also saw a great interview of CEO of CSCO on CNN Moneyline. He was even more bullish than he was earlier on CNBC. The reason this is important is that they are getting bigger in optical and don't make components in house. They will certainly be putting a lot of demand on JDSU and GLW.

The outlook on the sector is very positive. We just have to get through this short period of Nasdaq uncertainty that may be coming to an end, IMHO.
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