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Corning Inc. Message Board

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  • caylabrielle caylabrielle Sep 16, 2008 7:37 PM Flag

    GLW now the most undervalued??

    NOK @ $19.50 & GLW @ $14.50 are the 2 best bets on the board. Tremendous balance sheets, income statements, all valuations/ratios dirt cheap & strong sales growth going forward once we get thru this current mess. Both strong company's with great product lines & worldwide growth potential. But everyone likes the high flying, sexy stocks where quicker $$ is the bait.

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    • I have been thinking that for 3 years now, and got totally screwed by the management and the last 3 months.

      Obviously wall street thinks they are going to have a bleak year or two.

      The only question in my mind is whether the 45% haircut we have taken factors in the very probable reduction in Q4 expected earnings they will have to announce in end Oct, or not.

      If it is priced in, great- if not, look at the chart over the last 3 months, and it will likely repeat.

      Truly pathetic.

20.51+0.380(+1.89%)May 27 4:00 PMEDT