Corning Inc. (GLW)
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GLW Forum Topics
- All Comments on GLW
- General Discussion on GLW
- Corning: Looking Very Cheap [view article]
- The Rally was the Real Deal - Cramer's Mad Money (9/2/08) [view article]
- Not Off the RIMM - Cramer's Lightning Round (9/3/08) [view article]
- Global Growth Trades - Fast Money Recap (9/3/08) [view article]
- Market Gets Nervous About LCD Panels [view article]
- Looking Inside the New Ben Graham ETN Baskets [view article]
- Hedge Fund Tracking: Tremblant Capital [view article]
- In Tech We Trust - Fast Money Recap (6/20/08) [view article]
- Barron's Interview: Six Winners No Matter Where We Go From Here [view article]
- AU Optronics June Revenues Light, Pressures Corning [view article]
- Corning: Citi Sees Risks Rising [view article]
- Take a Load Off Fannie - Fast Money Recap (7/10/08) [view article]
loading ...Recent GLW Articles
- Corning: Looking Very Cheap
- Global Growth Trades - Fast Money Recap (9/3/08)
- Corning Cuts Q3 Outlook Citing Reduced LCD Glass Shipments
- Market Gets Nervous About LCD Panels
- Looking Inside the New Ben Graham ETN Baskets
- Hedge Fund Tracking: Tremblant Capital
- Corning's Disappointing Outlook: Interview with CFO
- Wall Street Breakfast: Must-Know News
- 'The Market's Down, Not Doomed': Critiquing Lee Cooperman's Barron's Interview
- Barron's Interview: Six Winners No Matter Where We Go From Here
- Full List of Articles »
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Corning: Looking Very Cheap [view article]
Look at their product lineup: Flat TV screens - not exactly flying off the shelves right now; Glass for mobile phone screens - I think it was GLW who said this week there's a "glut" of it on the world market; Those blue cornflower dishes you got from your grandmother - you didn't buy those, they were hand-me-downs. Those things are purchased every 2nd generation.Seems like waiting and watching is the best course of action. The market will be open next week and the week after. No need to jump right in because the P/E looks sexy. Reply
Corning: Looking Very Cheap [view article]
S&P is projecting a 12 month price target of 23. A 40% premium from the current price.I have been long GLW since 2007. It has been a slow motion train crash since then. So far it has been a losing investment. My guess is that GLW is transitioning from a "growth" stock to a "value" stock. The story is similar to Starbucks, another one of my losing position.
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Corning: Looking Very Cheap [view article]
"At a current price/earnings (P/E) ratio of 4.8 investors are anticipating continued demand trouble as the current estimates are for very strong growth of 32.6% year over year."That is very misleading. Trailing P/E is actually ~12 based on the $1.41 Corning made in '07. You are factoring in a 2B+ one time income tax gain into that 4.8 P/E.
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Corning: Looking Very Cheap [view article]
But of course, GLW looks cheap if we were to assume 13.5% growth for the remainder of the year. We could use the same logic when we stumble upon a stock with a 15% yield. Don't assume such things will hold true and you'll avoid the nasty trades. Replyscientist
The Rally was the Real Deal - Cramer's Mad Money (9/2/08) [view article]
Don't you worry about Cramer. When the market finally rallys (maybe a year from now), Cramer will be there to tell you "I told you so." ReplyCorning: Looking Very Cheap [view article]
I just bought yesterday. Given the fact that there is a switch to digital transmission in the US from Feb 2009, consumers will naturally think of upgrading their TV sets. And my thesis is that they would move to flat panels which would benefit GLW. I see this back to the mid $20s by year end around holiday shopping season. Good time to pick this up cheap now. ReplyCorning: Looking Very Cheap [view article]
Weekly TA,Is that just a guess or do you have any data to support your statement?
Rughetta
Disclosure: I am neither long or short GLW Reply
Corning: Looking Very Cheap [view article]
GLW is gonna get cheaper ReplyThe Rally was the Real Deal - Cramer's Mad Money (9/2/08) [view article]
told ya the guy was a crook, a wall street shill that all . 9/04/08 market down324 pints and jim says the rally was real buy buy buy buy bwhahahahahhahahahahha... ReplyMiller
Not Off the RIMM - Cramer's Lightning Round (9/3/08) [view article]
Frontline is entirely on the spot market and in tankers for crude and refined products.Eagle is in dry bulk (limited to the Supramax sub-sector, has credit insurance on its charterers and 3-5 year time charters--with one ship on a 10 year charter--has an entirely different business model than Frontline). These are not at all comparable risk models, so Cramer's comment is irrational. ReplyNot Off the RIMM - Cramer's Lightning Round (9/3/08) [view article]
When the likes of Cramer finally get into an underrated sector like shipping, then the party is usually over.His 50% accuracy could easily be aachieved by a cave man.
Lately he's been saying 'don't follw my recs. - do your own homework -an hour per stock followed'.
What!?!!?
My hour is now better than his full-time passionate pursuit of perfection??
FRO for example has been despised by analysts for ten years, during which time it has payed excellent dividends along with some useful growth. You can also trade the rather predictable ups and downs. Reply
Not Off the RIMM - Cramer's Lightning Round (9/3/08) [view article]
Cramer said to sell MGM and the casino stocks. What an idiot. He has been wrong on his picks over 50% of the time. That's why he makes money writing these articles and not making money as an investor. I like Zack's picks. They do a pretty good job on their recommendatios.Daniel Kowkabany Reply
Global Growth Trades - Fast Money Recap (9/3/08) [view article]
The petroleum data show much much bigger than expected draw downs, and next weeks data are yet to come. Add Hanna, IKE, and Josephine to the equation. Then you come up with a scenario in which oil and gas seem likely to rise. ReplyGlobal Growth Trades - Fast Money Recap (9/3/08) [view article]
Correction: The data from the shut ins and damage due to Hurricane Gustave will likely not appear until next week. The oil and gas companies did not really shut in until the very end of last week. The not as relevant petroleum data is due out today at 11am EST.Reply
Global Growth Trades - Fast Money Recap (9/3/08) [view article]
The market is starting to go down seemingly based on more bad news form the banking sector. LEH is struggling with KDB. MER and AIG are having similar difficulties with their balance sheets. Reply