SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corning Incorporated (GLW) -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (944)10/11/2000 10:30:03 PM
From: Baton  Respond to of 2260
 
Hallelujah!
"We continue to experience very strong demand for fiber and cable, and revenues from photonics technologies continue to run at a rate double that of last year,'' said Roger G. Ackerman, chairman and chief executive officer. ``We are seeing no slowdown in demand for our products that are fueling the dynamic growth of the optical-networking revolution.''
You can't say it any clearer than that!
Let's see.. GLW reports on the 24th and JDSU two days later on the 26th. Maybe we get JDSU pre-announce tomorrow! With my 3 biggest positions as JDSU, GLW and SDLI, this has not been my best week.
Baton



To: t2 who wrote (944)10/13/2000 1:32:50 AM
From: Asymmetric  Read Replies (1) | Respond to of 2260
 
Nasdaq Has Been Down Now 14 or 15 Of Last 16 Days.

Can't remember so many down days strung together
like we've seen last 3 weeks. If techs don't bounce
tomorrow (due to Middle East and reluctance to hold
stocks over weekend), it only means they bounce that
much harder next week, IMHO. Everyone knows we are
due now and I for one am loaded to the gills. Even
if we still dip somewhat, (barring some kind of full-
scale war or oil crisis) the majority of the selling
is done. Also if you want to get the best bargains
you have to be willing to get in on the early side.
Once everyone realizes the selling has exhausted
itself, all that cash built up on the side line
will come back in, and I'd rather have time to
pick over my merchandise than have to stand shoulder
to shoulder with other "eager" buyers. So seems
to me risk-reward over the next few weeks would
seem heavily weighted toward reward. Oil is
economically unsustainable at $36/barrel and
once that's apparent and it starts to come down
that should further stabilize the markets and
boost stocks like Corning that report superlative
earnings. That's how I see it.

Good luck to all. Peter.