Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (146752)	5/1/2002 2:31:12 PM
From: TimF	Read Replies (1) \| Respond to of 1576297

How about JDSU at $4+ and then of course there is ENE and Global Crossing. Tim

To: tejek who wrote (146752)	5/1/2002 3:38:28 PM
From: i-node	Read Replies (1) \| Respond to of 1576297

Its weird to see GLW at $6+, SUNW at $7+ and EMC at $9+. How the mighty have fallen Sun's collapse makes total sense to me. For years, I worked on Digital Equipment systems, and I couldn't believe it when they went away, simply because the product was so good. But it is a simple case of of zigging when they should have zagged. EMC doesn't excite me either. But GLW is a different story. This may be the most underpriced stock on the market today -- and I've bought all I possibly could at this price. This is one of those seldom occurring opportunities, when the markets simply don't have any vision. While fiber is taking a beating, GLW is one of the best managed companies I can think of, and has done all the right things through the recession. But most importantly, they make over 50% of all glass used in flat screen displays. Over the next five years, flat screen demand is going to be huge (did I say huge?); not only are flat screen monitors in high demand right now (one of few technologies in which prices are actually rising), but television sets, billboards, etc. I was recently in a casino that had just been remodeled, and flat-screen displays were EVERYWHERE -- I counted 40 of them on one floor, used to promote particular games, etc. While GLW has a lot of debt, it is well-structured, with the vast majority of it not due until 2015, and they have an empty line of credit good for $1B. I can easily see GLW in the 50s within a couple years time. I've already got too much of it, but I'm seriously considering buying some more (conservative though I may be, I do know how to roll the dice sometimes....). I think GLW is one of the better stock buys I've made in my lifetime.