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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (53765)10/3/2001 11:40:41 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Jerome, [edited] does Corning have enough clout to stifle the market?
GLW down 7.5% ah www2.marketwatch.com

excerpt from "Corning Sees Further Softening Across Its Major Businesses"
``The deterioration of global economic conditions, especially over the past few weeks, has impacted all of Corning's businesses. In particular, we have experienced another drop in demand for optical fiber and cable as telecommunications carriers continue to curtail capital spending around the world. The telecommunications industry is experiencing an extremely difficult and challenging period,'' said John W. Loose, president and chief executive officer.

biz.yahoo.com

G.