Corning reaffirms their forecast every time they're going to speak at a conference or industry event. Most companies just tell you when something has changed, they tell you that they're the same. It's noisy and creates unnecessary moves in the stock. I wish they'd stop doing it.
Trends are good in the flat panel business and I think it will prove to be a banner year. That said, the consumer is on strike. My wife says not spending is the new black.
Fiber will see some increased margin due to Corning's innovative bendable fiber -- perhaps the only way to roll out fiber throughout metropolitan apartment buildings.
There's nothing to do here, though. Just tune out the boy who cried in line.
Friday, February 8, 2008
Corning (GLW) reaffirms forecast
Posted by Roy Howard at 2/08/2008 08:42:00 AM
Labels: corning, glassworks, glw
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