Topic: How To Invest

Q: Hello: What is your current opinion of Corning Inc., symbol GLW on New York. Thanks.

Article Excerpt

A: Corning Inc., $36.88, symbol GLW on New York (Shares outstanding: 856.6 million; Market cap: $31.6 billion; www.corning.com), is a leader in materials science, specializing in the production of glass, ceramics, and optical fibre. The company manufactures products at 124 plants in 15 countries. Corning operates in five main segments. The Optical Communications segment (30% of sales) is divided into two main product groupings—carrier network and enterprise network. The carrier network group provides optical fibre and cable, as well as related products, for the communications infrastructure of services such as video, data and voice communications. The enterprise network provides similar products for datacentres and other enterprise network applications. The Display Technologies unit (26%) manufactures glass substrates, which are the individual layers of glass used to make glass units for flat panel displays. These include liquid crystal displays and organic light-emitted diodes used primarily in televisions, notebook computers, desktop monitors, tablets and handheld devices. The Specialty Materials segment (14%) makes products providing more than 150…