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

To: E_K_S who wrote (48992)	8/2/2012 1:26:22 PM
From: NikhilJog	Respond to of 78715

thanks EKS. I think GLW went way below 5, from what i can remember in 2002 time period. I will still in my undergrad school then. Appreciate your comments. :)

To: E_K_S who wrote (48992)	8/2/2012 3:45:44 PM
From: Dennis 3	Read Replies (1) \| Respond to of 78715

GLW, earnings growth has not been consistent and appears to be cyclical. So if you take the avg. over the past three years which is ~1.77 and apply a multiple of 6( because of cyclical) you get 10.62. 10.62 is its 52 week low. looks to be a buy when it gets close to that, with above avg ROE, ROA, and solid balance sheet. By the way, anyone looking at KCG? I see a wsj article trying to value the co. with the lose of 440million.

To: E_K_S who wrote (48992)	8/2/2012 8:39:11 PM
From: Sergio H	Read Replies (2) \| Respond to of 78715

GLW - numbers are good but outlook is still cloudy. If you do a little bit of research on this thread and the other value investment thread, a lot of arguments have been posted why GLW is a stand out value Buy. In all fairness, I have provided arguments on the contrary. Here's one. Message 27794589 Looking at GLW now yes, management has done a wonderful job of increasing book value. And the balance sheet looks fabulous. But, I have questioned management's decision to ignore LG as a competitor in Korea and looking at it now, there's no clear explanation as to why they are building a new plant in China other than to accomodate their partner's interest. GLW has different divisions. Specialty chemicals, enviromental, LCD and life sciences. I just read their press conference including the q and a and there's not a single catalyst other than hope that demand will pick up for any of their products from any of their divisions. GLW announced a buyback plan and increased their div. I would be a buyer if I saw a catalyst that would indicate more demand other than to just call it a cyclical play.