keep an eye on it and hope it comes down,,,,,,,,,,,its on my monster run list over time. the flat screen/monitor/displays are a growing sector. glw was beaten down for the bulky part of the latest pr..........but the best news was at the bottom. (see below)
ok, here is my thinking,, 1) its a korean stock that is buffy free 2) its a technology stock that is buffy free 3) as more people retire/fired, fewer people have to do the work of others 4) the standard office worker has been working too hard with 1 monitor 5) as those wallstreet boys loose their jobs many will become daytraders etc and need up to 8 monitors for work 5) extremely close to a multi year breakout--------and an anal rejected it the other day when i suggested the stock with the same reasons
Fourth-Quarter 2007 Outlook
�The overall display market appears healthy heading into the fourth quarter. Retail market indicators continue to point toward a strong consumer holiday buying season for electronic goods such as LCD televisions, laptop computers and flat screen monitors. We currently see no evidence of credit concerns in the U.S. impacting consumers� purchasing decisions,� James B. Flaws, vice chairman and chief financial officer, said.
Business Segment Highlights
Sequential LCD volume in both the company�s wholly owned business and at Samsung Corning Precision is expected to increase in the range of 2% to 5%. Corning�s wholly owned business is on track to increase volume 37% to 38% for the full year. To meet this level of demand, the company anticipates running its operations at full capacity in the fourth quarter. Sequential price declines are again expected to be in line with previous quarters. Corning is assuming a U.S.-dollar-to-Japanese-yen exchange rate of 116 for quarter four. http://biz.yahoo.com/bw/071024/20071024005598.html?.v=1