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


To: J Mako who wrote (45834)2/29/2012 10:39:39 AM
From: E_K_S  Read Replies (1) | Respond to of 78595
 
Hi Mako -

Corning Incorporated Common Sto (GLW) -NYSE

Added a few shares of GLW in the IRA account. My last buy in this account was 5/13/2002 at $6.16/share. I had been selling off those shares over the years and thought the current price provided a good long term entry "buy" point. My EK$ valuation number for GLEW is $20.40/share which indicates that the stock could be as much as 53% undervalued from the current market price of $13.23.

I am not too worried about LCD panel glass and/or Gorilla glass prices. The company has always been an innovator of new products. I like what they have been working on in their Environmental division w/ diesel filters. They also have some interesting products under development in their Life Science division.

EKS