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  • Time to Start Nibbling on Corning [View article]
    You have valid criticisms. My contention is that the margin compression currently built into the stock price is much greater than reasonable. I expect Corning to handily beat its lowest 2009 earnings expectation of $1.30 and trade at a P/E of 12 or better once markets stabilize (i.e. at least 50% upside from my purchase price).

    On Nov 03 07:07 AM skwestorange wrote:

    > This article could be strengthened with a discussion of expectations
    > for revenue, earnings and and margins in the three businesses cited.
    > The qualitative discussion does not provide any objective support
    > for the contention that GLW is undervalued and could be bought here.
    > Further the article itself lays out the case for margin compression.
    Nov 03 08:22 am |Rating: +3 -4
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