GLW's projected P/E is 7.20 Communication Equipment Industry average projected P/E 15.07 Implies a projected stock price of $25.62
GLW's PEG is 0.53 GLW's projected earnings growth rate is 13.58% Communication Equipment Industry average PEG is 1.64 Implies a projected stock price of $38.87
This company is significantly undervalued. The summaries of the second quarter earnings are fundamentally incorrect. I listened to the corning 2nd quarter conference call. It was very interesting. I've been reading the summaries of the call at various financial sites: "corning had a good second quarter, but outlook for Q3-4 is modest" and "LCD TV sales will be impacted by the economy". "Associated Press: Corning 2Q profit jumps on gain; outlook is weak". I listened to the earnings conference call. At no time did Corning lower there 3Q or full year guidance. They said exactly the ...
Barron's interviews Omega Advisors' top money managers Lee Cooperman and Steven Einhorn, whose fund has returned 16% annually since 1991. They think the market's downside is limited, as perhaps is its upside, but that there is an abundance of quality stocks available now - on the cheap.
We are buying plenty of attractively valued securities, but this is not an environment to be complacent... The ingredients for a decent bottom are in place, but any significant upside is going to require help from two areas. No. 1, we have to see a bottoming in home prices. No. 2, we are going to have to se
Readers of this space know that my investment bias is toward large-cap companies with demonstrated business models and which have a competitive advantage in established markets, preferably with a favorable global trend as a support. In general, turnaround and business model change plays are avoided, but there are exceptions to the rule, and one is Corning.
Corning Inc. (NYSE: GLW), once a reliable but slow-growth kitchenware and cookware company, today represents one of the signature corporate transformation stories of the digital age.
everyone it seems is back on the bandwagon - 20 dollars too late.. I called this on other boards at 4 bucks a share on the way down to 1 buck..
not much happens in Corning NY - just wise long-term planning and sound decisions.
Corporate jet flies from Chemung Co airport to Beijing on autopilot; LCD glass, diesel emission filters, EPIC tracing system, and what better way to start your day off than with a good bowl of FIBER i.e. FIBER OPTIC CABLE (sic, Verizon, Numericable)
"Now 157 years old, Corning (NYSE: GLW) has come from window making to sit at the forefront of two of the fastest-growing segments of the technology space: flat panel TVs and fiber-optic," says tech expert Mark Mowrey.
In The Prudent Speculator TechValue Report, the advisor explains his bullishness on Corning, which has shown a "long-time commitment to future-focused research and development."
"For both its TV and fiber optics markets, the company supplies glass. We're not talking dinnerware, though. Rather, the company is the leader i
True everyone doesnt own a tv, I would believe in america 95% have tv in home. Some 2 and 3. Its almost apart of life. If u want to see it, your looking a tv or monitor... So long to the crtv (cathode-ray tube), hello lcd (liquid crystal display) tv in every room... Even in appliances. The existing crtv's will be replaced by lcd tv's and with the fcc regulating broadcast signal tv market will continue to grow with lcd panel surging in demand.
Gorning is turnaround stock that was almost destroyed by tech bubble and their bet on optical networking during that time. Management have done good job on restructuring 100+ year technology company since.
Gorning has lot of technology for glass and ceramic and does business in three main segments LCD substrates, Optical communications and clean diesel filters.
What makes Gorning interesting, as long-term investment is mainly their strong position in LCD HDTV market as supplier for a key component. I believe LCD technology will win in flat panel TV market because of lower cost, weight, b...
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GLW
About Corning Inc
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Readers of this space know that my investment bias is toward large-cap companies with demonstrated business models and which have a competitive advantage in established markets, preferably with a favorable global trend as a support. In general, turnaround and business model change plays are avoided, but there are exceptions to the rule, and one is Corning. 
