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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (90960)4/27/2001 4:06:59 PM
From: profile_14  Read Replies (2) | Respond to of 97611
 
Opinion sought.

What do you guys think of GLW? I bought it in all my accounts and have it as my single holding today. It has a PEG of less than one, a current FY P/E of about 20, is the leader in the space, has been knocked down from 113, deservedly so, and it beat earnings (but lowered guidance despite saying it had seen the bottom) during the last 2 quarters. It is also trading at historically low P/Es, a price that it was in 1999, when the optical business did not exist. In other words, that business is being priced at zero, despite it being a large component of their earnings.

Any thoughts welcome. Thanks in advance.

Best,