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Technology Stocks : Corning Incorporated (GLW)
GLW 87.93+1.0%3:59 PM EST
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To: Johnny Canuck who wrote (1127)1/8/2001 9:39:36 AM
From: BDR  Read Replies (1) of 2260
 
<<I don't think that 20 to 30 percent top and bottom line growth is what the street wants to hear.>>

On 12/14 the street heard:

Full year 2000 revenue projection $7.1 billion, proforma eps $1.17
2001 revenue $9.1-9.2 billion, eps $140-1.43, R&D 8% of revenue, capital spending $2.5 billion
Message 15019482

That's 28% top line and 20% bottom line growth at a minimum. Why would this be a surprise now?
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