iclarius

A Bright Morning for Corning - Barron's

Nice to see the positive outlook on GLW with respect to its LCD Glass market but I see an up and coming aspect of GLW in its fiber optic section. Their bendable fiber will allow the telephone companies, like Verzion, to compete with cable companies in the inner cities and existing high rise buildings. Up until now, coax cable dominated the cable TV industry. Now that GLW has come up with a bendable fiber (0.5" bend radius), fiber can now be installed in existing high rise buildings. The market for this bendable fiber is significant and in the next few years, it will only enhance GLW's bottom line.

Pengrowth Energy, Gold Miners ETF: Value in Commodities

Chemist29,

PGH has 57% of its daily output locked in at $86.34 Cdn/bbl (13,000 bbl) for 2009 and 24% at $93.16 Cdn/bbl for 2010. For 2009, 43% of its nat gas output is locked in at $7.98/MMBtu and 22% of its 2010 output locked in at $8.64.

Seems like PGH management knows what they are doing and hedged their bets so well and it paid off.

In addition, the company socked away funds to support their present dividends by not increasing the dividend during the boom days. Kudus for their management.