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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Dave Gore who wrote (4121)2/8/2001 12:02:43 PM
From: Lane Hall-Witt  Read Replies (1) of 6445
 
Dave: I like GLW a lot on valuation, too. They're trading with a P/E/G of a hair over 1 on this year's consensus EPS. That's pretty cheap -- compared, say, to "safe havens" like MRK! As far as trading goes, GLW, just like NT, has the misfortune of a large float and a listing on the NYSE, which keeps the hot money away. We'll have to watch the charts closely to see when the money starts coming back into it.
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