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


To: The Phoenix who wrote (1169)1/16/2001 4:55:14 PM
From: Junkyardawg  Read Replies (1) | Respond to of 2260
 
I personally think GLW is the better buy anyway but of course I like JNPR as well.
Although GLW still has a high P/E I think the growth rate they have will justify the high p/e and may be a good buy in this price range.

One more thing. 47% growth in an economy that is as bad as the FED has made it sounds pretty darn good to me. If you are in the camp that the economy will pick back up (and I am) then I think JNPR's numbers will improve just as I think GLWs numbers will improve.

As a short term trade I am sure you are right as you seem to be most of the time. Long term I still like GLW and JNPR.

dawg



To: The Phoenix who wrote (1169)1/16/2001 4:59:42 PM
From: Ibexx  Read Replies (1) | Respond to of 2260
 
JNPR's stock price has been cut almost in half. IT looks as though market is reasonably pleased with the results.

47% top line growth is not bad for a near recession economic environment. Not long ago there was talk that CAPEX by major telcos could be zilch.

Ibexx

PS: Anyway, market seems willing to see the glass half full, rather than half-empty.