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Demand for Corning Glass Getting Stronger… Really?

Posted by: Jin on: April 8, 2008

Mark Sue, a RBC analyst, upgraded Corning’s stock from “Neutral” to “Buy”. He based this decision on the assumption that “demand for Corning glass is getting stronger due to the popularity, and growing size, of LCD TV screens around the world.” I am not sure if Mr. Sue has been reading the news lately, but I must disagree.

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