Tue, Sep 2, 2014, 12:09 PM EDT - U.S. Markets close in 3 hrs 51 mins

Recent

% | $
Quotes you view appear here for quick access.

Corning Inc. Message Board

  • profititable profititable Sep 9, 2008 12:58 PM Flag

    Lets hear some reasons GLW should close above $17

    This fantastic company is getting way over sold for its fundimentals and transparency.
    They already got pounded after warning the very thing they announced a month or so ago - 27 down to lower tewnties upon announcing earnings.
    This is fairly priced in to the stock at 22 (but taking out another 20%+ after already droping before is insane) It would have rallyed on the news, if the market was in a longerterm buy mode.
    They don't only sell flat screens, they sell many other products as well as new ones coming on line (new solar substraite just announced last week or so ago with no substancial move to the upside.)
    Lots of cash
    Great and honest management
    less then 2 price to book
    less then 5 Price to Earnings
    Buying back their own stock (not just the company but also the Exec)
    Mixed reports make the actual flat pannel sales somewhat vegue
    If the the oversold market makes a solid turn instead of testing the previous bottom there should be a nice snap back in the new conviction with a new bull rally next time.
    Maybe Jobs will announce something to turn high end buyer market sentiement around- less then one hour - even if he looks healthy it may do the job.
    MOHO-(Hopes and Prayers) GLW $17+ by the close today and closer to 18 1/2 by next week. I haven't ever seen this one trade like this. Any other ideas, please post your other reasons for a rally in GLW sentement and price targets.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
GLW
20.785-0.075(-0.36%)12:08 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.