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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (44462)	9/21/2011 2:51:09 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78476

Sergio H, I don't understand the question. We are talking about GLW, right? Are you suggesting there's a better time to buy the stock? I see GLW stock is now at a two-year low, and selling now a bit under its stated book value. In past few years, stated bv has been increasing. The stock in last nine years has, on average, sold above stated bv. That makes the stock attractive by my reckoning. Of course, if someone believes that GLW's largest business segment -- those flat panel display sales -- are going downhill fast, and permanently (which could be), then GLW stock will fall more I guess. So maybe there may be a better time to buy the stock. Or not buy the stock at all. I'll just assume that management will respond okay to what might be normal demand fluctuations, and so for me, the stock is a buy for a small amount, at current price. With an intent to add more if stock falls further.