What exactly is the good news coming? I've never heard such a lame CEO on conference calls. Until a real executive comes into Corning - this stock will flounder.
Is this yet another innovation that has a single press release and never to be heard from again? (e.g. anti-microbial gorilla, smart building glass). And if Apple was so gung ho to use this feature on a future phone do ya think they would not insist in exclusivity for some time and it would be kept a secret until it launched?
Yes - this Smug guy Weeks is just a thief. The Board goes along. I just wish GE would come and take them out now they are freeing up cash with the GE Capital divestiture. The bum weeks must be shown the door. Of course C2R thinks he's making all the right decisions. This CEO just has one excuse after another (lack of pricing power despite all of their wonderful innovation, customers (automotive) who just move to slow, currency, blah blah blah. They come up with this "Capital Allocation" hoopla to buy some more time so they can continue to reward themselves handsomely. Just a scam. Complete underperformance.
YES - AGAINST SMUG WEEKS - and AGAINST exec compensation. It's the first time I've ever done a proxy vote as a shareholder.
Stock Blows, Weeks Blows. No doubt there are smart researchers at Corning - but there is no leadership. Just excuses and ongoing under-performance. Sometimes I wish I could be as delusional as HIgh Intellect and C2R so I could be happy with this #$%$ investment.
You are truly nauseating. How many years can you go on with your ridiculously wrong predictions about this stock and company?
Hope Cohen can somehow force the smug bum Weeks OUT. Such a chronic underpeforming self-serving CEO.
It seems the street just doesn't like the long term prospects of this industry. Even in record breaking years, they are concerned with the inevitable slowdown to follow. Until the automakers follow the path of the the airlines and begin merging there will never be pricing power to ensure long term health. Unfortunately during the financial crisis - bailouts took away the need for consolidation, so we have to wait for the next crisis to possibly get some rationalization in the industry globally. Marchionne is correct that the only way to survive long term is to have some mergers to leverage the huge investments and development costs.