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February 5th, 2010
Corning Slides on Thin Glass
Abstract:
Corning(GLW Quote) says it sees ample waves of glass in a broadening path of consumer electronic devices. Investors, however, were hoping for something a little more solid like a sparkling growth forecast, and sent Corning shares down 5% in early trading Friday.
"The rapid growth of intuitive touch-display for consumer electronic devices, advanced glass for thin-film photovoltaics, and optical fiber for consumer electronics and wireless networks are providing us with such opportunities," CEO Wendell Weeks said in the press release.
Source:
thestreet.com
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