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


To: neverenough who wrote (1034)10/31/2000 8:36:14 AM
From: Jonathan C. Williams  Respond to of 2260
 
The following is in my opinion only:

"This dog won't hunt".



To: neverenough who wrote (1034)10/31/2000 9:53:53 PM
From: c. carlson  Read Replies (2) | Respond to of 2260
 
GLW is currently trading at around 53x next
years earnings.
76.5/1.43 = 53.49 x Y2001 earnings

This info was in the Q3 2000 CC.

Next year starts in about 2 more months.

Additional plant capacity will come on line at the end of 2001......this could then create faster growth as supply comes closer to demand for their products.

GLW has one of the most down to earth PE's in the fiber arena. This is a "safe" fiber/optical play if there ever was one.
Another good one is Alcatel ALA.