Corning is great for Kitchen ware. However, what Apple is not saying is that Corning's Gorilla Glass has been shown to 'spider-web' upon being dropped in the IPhone-6.
So, Apple has expressed a willingness to do a fresh new deal with GTAT in the future. You ask why, after GTAT just bent them over the coals? Because it's 'Good Business'. And Apple knows it, and wants another shot of getting in. Believe it. APPLE wants GTAT to survive this, as the Sapphire Glass is superior to all others for the application they require.
And when GTAT does another deal with Apple, who do you think is going to be in the drivers seat this time? How much will the PPS % spike when that deal is announced ? It's all there if you do the DD.
All that being said, their is risk of dilution in the future, but I expect minimal. The Risk to Reward to too tempting here not to have a few chips on the table, as this table is HOT.
-bunny-
