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Strategies & Market Trends : Guidance II -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (22)7/9/2001 5:27:42 PM
From: 2MAR$  Read Replies (1) | Respond to of 2077
 
Corning Inc (GLW) 15.10 -0.03: -- Update -- Notes that its issue is a long haul North American problem; emphasizes that its international business has been pretty good and that China has been one of its strongest, fastest growing markets... GLW -0.70
Corning Inc (GLW) 15.10 -0.03: -- Update -- Says that it will provide updated info on business segments after Q2 earnings release, but won't offer any guidance for Q3 or Q4 at that time due to lack of visibility for its customers and market volatility that diminishes the accuracy of company forecasting... says the least amount of visibility it has is in its amplifier business... GLW -0.68

Corning Inc (GLW) 15.10 -0.03: -- Update -- On call, says general assumption is that economy is not going to show signs of improvement until end of this year, and maybe, not until middle of next year... stresses that telecom market is expected to trail that improvement, and hence, it believes market downturn could last 12-18 months... GLW -0.94