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To: Larry S. who wrote (39257)	4/25/2002 1:36:19 PM
From: BWAC	Read Replies (1) \| Respond to of 53068

Larry, Here's the whole problem in a nutshell "Corning's revenues a year ago were approaching $8 Billion, this year likely $4 Billion. The company was being sized for a business of $10 billion in revenue " Throw in a dose of GLW is only fiber telco related misapplied thinking. Stir with market sediment. Paint the compnay like a target. And become the target. The being sizxed for double the current revenues is apparently pervasive in the current state of tech stock land. Of course we are somewhere in the middle of a downsizing process. Exactly where I don't know. You'd think well into it since its been ongoing for over a year now. Lets see? The process goes? Build up, sales fall from bubble peak, losses result, downsize, downsize some more, reduce capacity, shortages looming when demand returns, sales rise from depths, earnings grow, stock price rises, company builds capacity for $10 Billion revenues, sales fall, losses result, downsize, reduce capacity, shortages looming, sales rise, earnings grow, stock rises, compnay builds capacity....................................... Where are we in that cycle?

To: Larry S. who wrote (39257)	4/25/2002 1:38:21 PM
From: Kelvin Taylor	Respond to of 53068

so wait for company's business to improve then buy the stock? otherwise a looooooooooong wait and dead money?

To: Larry S. who wrote (39257)	4/25/2002 1:52:06 PM
From: E.J. Neitz Jr	Read Replies (2) \| Respond to of 53068

Larry, thank you for the report. I own 100..will add another 200 next few months.

To: Larry S. who wrote (39257)	4/25/2002 2:07:31 PM
From: DanZ	Read Replies (1) \| Respond to of 53068

Larry, Thanks a lot for the report on Corning! I sold a little more at 6.84. Will hold the balance for 7ish...maybe lol. It's nearly impossible to relate the intraday swings in a stock with any one person's opinion because the opinions are so varied. Some think the bottom is in. Some don't. Some think revenues will be cut by half again, etc... Some people that go to the annual meeting interpret the CEO's comments as bullish and someone else interprets them as the end of the world. One analyst says buy, another says hold, and another says sell. All this creates a lot of volatility in the underlying stock prices and makes for good swings. Dan