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Technology Stocks : Corning Incorporated (GLW)
GLW 85.48-2.7%Nov 7 9:30 AM EST
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To: Ibexx who wrote (1171)1/16/2001 5:03:17 PM
From: The Phoenix  Read Replies (2) of 2260
 
Market accepts this release....... my point is that it only get's tougher from here... and a PE in excess of 500.... well.... they are still WAAAAAAY overpriced. Great company - but the mutlitples are still out of control given that the YoY growth will be more and more difficult to demonstrate. Also JNPR's view is speeds and feeds are a technical advanatage and ... well... that barrier is not one that is all that difficult to overcome.

OG
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