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Technology Stocks : Corning Incorporated (GLW) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (408)2/5/2000 12:31:00 PM
From: Jill  Respond to of 2260
 
T2 just want to thank you again for all your DD and information about this. And Steve, thanx for calling it to my attention. You made a perfect play last week. I'm watching it closely to figure out when I want to jump in.

I have no evidence to back this up at all, but I don't see it as a takeover target either.



To: t2 who wrote (408)2/5/2000 1:50:00 PM
From: steve mamus  Respond to of 2260
 
Thanks for your input, thats why I sold the Sept 110 puts...by my calculation if I was put GLW (3,000 shares) with the premium I was paid (11$ per share) I would have corning at just under 99$ per share with a P/E ballpark 40. With the growth rate of GLW this is a steal. I will add more to my collection of puts on any other pullbacks esp. under 150.
The ? of the main customers of GLW fiber-optic cable is of interest - anyone know?

Steve


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