Corning (GLW) hit a 6 month low of $22.60 today. The selloff seems to be for no apparent reason, as Corning has reiterated that the economic slowdown has NOT affected revenue. S&P has reiterated a "strong buy" on shares of GLW. I think GLW is an example of a selling frenzy. Look for a rebound.
GLW at Google Finance
Tuesday, July 1, 2008
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