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Technology Stocks : Corning Incorporated (GLW)
GLW 87.86-0.8%9:59 AM EST

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To: PoetTrader who wrote (923)10/10/2000 4:05:40 PM
From: t2  Read Replies (2) of 2260
 
I really don't know what is happening with GLW today but I will take a guess.
The GLW earnings are further away. Contrast that to another company expected to deliver good earnings--Juniper. They report on Thursday and the stock is up $6 on a day like today. My guess is that there is no urgency to buy GLW at this point. Traders are moving out of it--probably temporarily and it is probably attracting some short sellers as well--given the way it dropped after the split. Could be some trading on technicals.

As we get closer to earnings, i am expecting a surge.
It is tough watching it decline.
(the TA probably got some sell signal--I don't really
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