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Monday, January 13, 2003 12:55:29 PM
rapoole: It’s a matter of degree. I concur that GLW’s survival is no longer in doubt. (However, the market doesn’t yet fully understand this, so there is still upside to the stock as this becomes more widely known.) However, GLW’s ability to be *consistently* profitable is somewhat in doubt even now.
When I said I considered GLW “moderate-to-high-risk,” I was measuring GLW against steady-earning companies which you can buy and forget about. Compared to other large tech companies, GLW is not all that risky because its modest valuation does not assume a great deal of top-line growth. Regards, Dew
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
Recent GLW News
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