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

To: Ibexx who wrote (1570)12/12/2001 4:47:30 PM
From: Sidney Street  Respond to of 2260
 
There was a mention of GLW as one of the stocks Bill Miller - top value oriented fund manager for past 5 & 10 years - got into a bit too early. But his style is to average down. Article in today's WSJ. Good company to have while we wait for the turn, at least. GLW's getting $600 m. additional cash while money was so cheap made good sense, even if it did bad things to the stock in the very short term.



To: Ibexx who wrote (1570)12/12/2001 4:54:20 PM
From: Ibexx  Respond to of 2260
 
GLW's trading dynamics today:

Block BUY vs block SELL = 64:46.

Positive money flow: approximately 8.6 million.

Price divergence in relation to the above two features suggests a buying opportunity.

Ibexx


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