daltxfan

Time to Start Nibbling on Corning

I am a big fan of Corning as well and have been holding their stocks for a while.

But as we all know, in last downturn, Corning stock hits a $1. Why this time you think it can't go lower than $10?




On Nov 03 08:22 AM Jake Berzon wrote:

> 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: