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To: Larry S. who wrote (47978)5/3/2003 8:14:16 AM
From: Larry S.  Respond to of 53068
 
Chart on GLW: stockcharts.com[h,a]daclyiay[pb200!b50][vc60][iut!Lh14,3!La12,26,9]&pref=G
stochastics say this is a buying time. I don't like the fact that it has fallen below the 200 DMA.
The news on the stock is generally good. the 50 million share offering is a negative for shareholders, good for the company. Many of GLW's compadres are running now, but it looks like GLW ran ahead of the present mania for beaten down techie companies. Still think its a good investment, but may not be a good trader in the near term. jmho.larry



To: Larry S. who wrote (47978)5/3/2003 9:05:11 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
interesting comments Larry

>>>I also think that this is the beginning of a major bull market

>>>and the lows that we have seen will ultimately be tested again, if not broken

>>>But a 20-40% upside, even from here would be well within historical parameters

that would suggest there will be HUGE swings over the next 3 months to 3 years

care to comment further?


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