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To: eurofrank who wrote (44791)	11/18/2002 9:54:52 AM
From: Larry S.	Respond to of 53068

GLW news: 8:58AM Corning has significant asset in Dow Corning unit - Bernstein (GLW) 3.39: Bernstein believes that Dow Corning is a significant hidden asset for GLW, as its emergence from bankruptcy would have a material positive impact to GLW; stock could see significant upside if it chose to either recognize earnings from Dow Corning (could add $0.08-$0.09 to GLW's annual EPS) or sell its 50% stake in the unit (potentially for more than $1 bln); co could also purchase the remaining 50% of the unit from DOW, but firm believes this is very unlikely since DOW would be a reluctant seller. chart is getty toppy though:http://stockcharts.com/def/servlet/SC.web?c=glw,uu[h,a]daclyiay[pb200!b50!f][vc60][iut!Lh14,3!La12,26,9]&pref=G