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To: GST who wrote (114703)	1/7/2001 5:28:05 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

GLW is my 3rd largest position behind SDLI and LSI, but I wouldn't necessarily read this as anything important. It's all past tense stuff. GLW has to hit 30% compounding or its too expensive even now. However, GLW was giuding to 25% growth for this year one year ago, and they nailed 70% so they are very conservative. Here is the statement from late 1999: Dec. 6, 1999--Speaking at a meeting with analysts today, Chairman and CEO of Corning Incorporated (NYSE:GLW - news) Roger G. Ackerman said he expects the company's 1999 earnings per share before one-time items to be in line with analyst consensus of $1.86, representing a 24% increase over 1998's $1.50 per share, and next year's earnings to grow 20-25%, to $2.25-2.35 per share.