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Strategies & Market Trends : The New Economy and its Winners

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To: Victor Lazlo who wrote (2185)	10/11/2000 11:03:45 PM
From: 16yearcycle	Read Replies (2) of 57684

Of course you could wait until things are much worse but I think its time to buy. I was at a recent conference, with Bill and my brother Tom, where the optics companies were present. I think they're tired of the bullshit that Wall is spewing. There is no slowdown in carrier spending. Wednesday October 11, 9:37 pm Eastern Time Corning sees Q3 proforma share beating estimates CORNING, N.Y., Oct 11 (Reuters) - Fiber optics maker Corning Inc. (NYSE:GLW - news) said Wednesday it expects to report third-quarter pro forma earnings in the range of $0.34 to $0.35 per share. Analysts, on average, expected the company to report a third quarter profit of 29 cents per share, compared to 19 cents per share it reported in the year ago quarter, according to research firm First Call/Thomson Financial. Corning said it is raising its full-year guidance to $1.15 to $1.17 per share. The company expects full-year pro forma earnings growth of at least 70 percent, an increase from previous guidance of 60 percent. The company said it continued to experience strong demand for its optical fiber and cable, photonic modules and components, and flat panel display glass products during the third quarter.

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