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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who wrote (1981)1/24/2001 11:31:16 PM
From: Susan G   of 5732
 
GLW looks like scared amateurs running for the door to me, It will be interesting to see if institutions dump on a GREAT report, just because they ACKNOWLEDGED the well know fact that there is a coming softness in telecom. DUH. Thought we all new that already....long, long ago.

At least they didn't cut in in half, just set it back a few weeks.

4th Q profits more than doubled...
Revenues "soared" 51% to 2.1 billion...
pro forma profits rose to $314.6 million, or 34 cents a share, compared with $142.2 million, or 18 cents a share, a year ago.

OK, lets dump this mother, they blew it. HUH? Duh.

Staying long unless I see major institutional dumping early tomorrow.

siliconinvestor.com
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