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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (9052)	3/18/2003 10:17:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 95572

Stan, speaking of higher bpNDX lows: there are still posters looking for signs of despair and capitulation before the market can rise. How many frigging times must we capitulate? Gottfried

To: StanX Long who wrote (9052)	3/18/2003 10:37:14 PM
From: StanX Long	Read Replies (1) \| Respond to of 95572

Corning Reiterates Liquid Crystal Display Outlook Tue Mar 18, 4:35 PM ET story.news.yahoo.com CORNING, N.Y. (Reuters) - Corning Inc. (NYSE:GLW - news), the No. 1 maker of fiber-optic cable, on Tuesday reiterated that it expects sales at its liquid crystal display (LCD) glass business to grow 20 percent to 40 percent annually through 2006. Donald McNaughton, vice president of Corning's Display business, in repeating the Corning, New York-based company's LCD outlook, said that driving the expected growth is a dramatic increase in the market penetration of LCD desktop monitors, continuing growth of notebook computers and the emergence of LCD television. He was speaking at the 2003 Display Industry Investment Conference in New York City. Corning's stock closed up 20 cents, or 3.45 percent, at $6 in trading Tuesday on the New York Stock Exchange (news - web sites). McNaughton said Corning believes that more than 70 percent of all desktop computer monitors will have liquid crystal displays by 2006. That share should hit 40 percent this year, up from 28 percent in 2002. Notebook computers, all of which have LCD screens, continue to gain in popularity and should represent one quarter of all new personal computers sold this year, he said. LCD televisions now represent only 1 percent of the color TV market, but expected price declines and the introduction of new, larger screen sizes could drive market penetration to nearly 10 percent by 2006, McNaughton said. He said current worldwide glass demand for all LCD applications is about 200 million square feet per year, but the increasing popularity and larger sizes in LCD televisions and desktop monitors could result in the quadrupling of that volume by the end of the decade.