Rochester,NY 7/11/2009 2:00:41 AM
Afternoon Stock Report - GLW - The Easiest Money You'll Ever Make - Sourced WhisperFromWallStreet.com
Corning Inc.
Afternoon Stock Report - GLW - The Easiest Money You'll Ever Make - Sourced WhisperFromWallStreet.com
Corning Inc. GLW
After all these years, you guys still never cease to amaze me.
Was I a little rough? Yes. Did I bash the mutual fund industry for sticking it to us? Sure. Did I expect a little hate mail? Of course.
Are you feeling a little lost?
Don't worry -- here's a quick summary. In a recent column, I proposed an experiment: a bogus mutual fund made up of just three stocks, each bought in January 1990 and sold exactly 10 years later.
For my fund, I chose these three familiar large-cap techs, but any number of former highfliers could have done the trick:
* Microsoft (Nasdaq: MSFT)
* Dell (Nasdaq: DELL)
* Oracle (Nasdaq: ORCL)
The idea wasn't to show how a $10,000 investment could have ballooned to more than $3.3 million in 10 short years, which it did -- but rather, that there was a cost involved.
Last Trade: 14.73
Day's Range: 14.41 - 14.92
52wk Range: 7.36 - 21.76
Volume: 10,514,225
ABOUT - Corning Inc.
Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs) that are used primarily in notebook computers, flat panel desktop monitors, and LCD televisions. The Telecommunications segment produces optical fiber and cable, and hardware and equipment products, such as cable assemblies, fiber optic hardware, fiber optic connectors, optical components and couplers, closures and pedestals, splice and test equipment, and other accessories for optical connectivity to the telecommunications industry.
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