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

To: Jack O B who wrote (48600)	7/6/2012 2:28:25 AM
From: Paul Senior	6 Recommendations Read Replies (2) \| Respond to of 78666

"Some of the best alleged stock picks on this thread have gone without comment because? Maybe you need to open up to new ideas and not have to look at old stuff and page numbers. I have been reading this thread every post" The stocks mentioned that don't get any comment can turn out to be the best stocks. It has happened many, many times here, and will continue to happen. Tell you what. You've been here three months and made nine posts. If you believe you are seeing some of the best alleged stock picks that are getting no comment and believe these stocks should get comments, then YOU post comments on why you believe they are "some of the best". Better yet, put some of your money on the line with a buy. That'll be much more productive than advising me how I should go about investing my money. I have found in my experience --- how much experience again did you say you had in investing? -- that oftentimes the stocks of companies are cyclical and that I can reenter and profit from them a couple or more times in a business cycle or over a couple of cycles. Further, I've found in looking for value stocks to purchase, sometimes the best purchase opportunities are with stocks I already own. Therefore, to me it's important "to look at old stuff and page numbers" if you are referring to me with this comment.

To: Jack O B who wrote (48600)	7/6/2012 10:29:55 AM
From: Spekulatius	Read Replies (2) \| Respond to of 78666

re GLW - this stock has been discussed quite a bit in this thread. Jurgis and potentially others own it. they do have a good balance sheet and they are cheap on metrics P/B. They made for many years a lot of money in display glass, which goes mostly into LCD manufacturing., they were the biggest producers. In this business, the margins have collapsed, some LCD companies (LG) decided to become integrated and produce their own glass and overall the end user demand is crummy (3D LCD faltered). My guess is that the good profits in this market are gone for good and they need to find a new big product (like glass fibers in the late nineties, LCD glass in 2003 etc.) to get their margins back.

To: Jack O B who wrote (48600)

7/13/2012 5:43:59 PM

From: Spekulatius

3 Recommendations Read Replies (1) | Respond to of 78666

Re GLW - the problem with GLW is that their earnings are coming from the Display glass business, and the LCD glass business is the most significant business line within Display. So far ,it seems like all the other business lines amount to less than 20% of GLW's operating earnings.

	Display Technologies		Telecom- munications		Environmental Technologies		Specialty Materials		Life Sciences		All Other		Total
Three months ended March 31, 2012
Net sales	$	705	$	508	$	263	$	288	$	155	$	1	$	1,920
Depreciation (1)	$	129	$	30	$	28	$	34	$	10	$	3	$	234
Amortization of purchased intangibles			$	3					$	2			$	5
Research, development and engineering expenses (2)	$	27	$	35	$	26	$	37	$	6	$	27	$	158
Equity in earnings (loss) of affiliated companies	$	182	$	(4)	$	1					$	4	$	183
Income tax (provision) benefit	$	(96)	$	(12)	$	(20)	$	(11)	$	(6)	$	10	$	(135)
Net income (loss) (3)	$	421	$	21	$	40	$	21	$	12	$	(20)	$	495