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

To: The Ox who wrote (2655)	1/12/2013 10:09:36 AM
From: bruwin	Respond to of 4720

Any idea why ? I see in GLW's last 3 Quarters (Q1, Q2 & Q3) they had Gross Revenues of :- $(1920 + 1908 + 2038)mil. = $5866mil. If they get, say, $2100mil. in their Q4 that will give them an Annual Revenue of $7966mil. which is more or less what they got in their previous Annual result, viz. $7890mil. So, all things being equal, there's not likely to be much of an improvement in their Bottom Line. However, having said that, their last Annual suffered from a fall off in "Earnings from Equity Interest" and "Other Income" which caused a drop in Pretax Income from $3845mil. to $3213mil., even though the Gross Revenue rose from $6632mil. to $7890mil. It will be interesting to see what the relevant numbers are in their Q4, which should come out this month.