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Technology Stocks : Corning Incorporated (GLW)
GLW 87.93+1.0%3:59 PM EST

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To: steve mamus who wrote (1137)1/7/2001 9:08:41 PM
From: Ibexx  Read Replies (1) of 2260
 
I did some numbers crunching, and it confirmed what I always "thought" by intuition.

GLW follows the Technology Sector Index closely, with a correlation of 0.83. Please keep in mind that, in the last two months, the Technology Sector is in a DOWN trend. thus the down-trending of GLOW.

Ibexx
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