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Technology Stocks : Corning Incorporated (GLW)
GLW 86.30-2.0%3:59 PM EST

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To: Asymmetric who started this subject11/1/2000 10:03:43 AM
From: straight-->arrow  Read Replies (3) of 2260
 
My concern with picture is the reversal of
opinions. A few weeks back the talk was a
glut of inventory and a slowdown in growth.
Numbers were 62% growth this year, 42%
next year and 19% the following year. Now
all this talk of a fiber optic cable
shortage. I've seen this same scenario
before in other sectors. The "big guys" got
caught in a sudden downturn, the brokerage
firms say why not help our big clients. Let
us get on CNBC with a few fund managers and
reverse course. Get the small investors to
pick up on the hype and let our "friends
unload.

I would be checking the institutional/funds
buy and sells in the next few weeks for a
clue. Insider trading may give some clues
to the future.
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