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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (376)1/14/2002 10:29:41 PM
From: Lawrence Burg  Read Replies (1) of 397
 
not too bad for glw...$178M write down vice...

Corning Inc. is a global, technology-based corporation which operates in three broadly based business segments: Telecommunications, Advanced Materials and Information Display. For the nine months ended 9/30/01, total revenues rose 5% to $5.3 billion. Net loss totaled $4.84 billion vs. an income of $480 million. Revenues reflect increased demand for premium fiber and cable and photonics products. Loss reflects the inclusion of a $5.11 billion restructuring charge.

...betcha they still knock the snot out of it...
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