Corning (GLW) seems like a logical place to put money on if you believe that fiber to the home will see a lot of investment in the coming years. It makes fiber cable and other accessories for optical connectivity to the telecommunications industry. It is selling at approximately 10 times this year’s earnings and around nine times next year’s consensus. It also has approximately $3 per share in net cash. Finally, the stock is showing rapidly increasing projected earnings estimates to 2011 and 2012 over the last 90 days. In conclusion, the stock looks like a strong buy.
For someone who has GLW rated a strong buy, all you do is talk about how far it will fall. Maybe it's because you can't speak english. Kinda like down is up and up is down and left is right and yes means no.
I don't speak Chinese but I can recognize stupid in any language.
I thought the patent they have on Gorilla glass was really interesting. I think there could be a lot of hype on this when it starts showing up on monitors and televisions....it might bring Minority Report into reality.
Has anyone seen their marketing video on the future of this gorilla glass?....it got me hooked.
If you like hype, it is a neat video - and I would love to see it all happen - but it's probably 5-10 years away - so if you are really LONG on this stock it makes sense, but in the short term, it's all about display products (LCD and Gorilla), and that's pretty much all Corning has in the short-term - a one-horse play - not bad, but not enough to write home about.