moseharper

Corning: Looking Very Cheap

The "weak demand" quoted was actually Asian manufacturers letting inventory run down to match their expectations of sales. Actual current demand had little to do with their actions. It surely hit GLW's price, but it remains to be seen what sales do into '09. I'm a buyer at these levels.

A First Look Inside the Fannie / Freddie Bailout Plan

8,000 banks own preferreds in these 2 GSEs, representing a lot of capital to be written off tomorrow. Not to mention tens of thousands of private investors and foreign investors who own more. Your pension plans will take a hit, too. So will a lot of mutual funds. The worry over paying for that crappy house in Tracy CA is miniscule.