Nortel is their largest customer for optical equipment. A sharp slowdown at Nortel in deployment of optical systems certainly is not good for Corning, and I think this new lowered information accelerates or adds a little bit to the time frame (for a turnaround),
More Quotes from Timothy Anderson:
Will the company take another steep dividend increase Will the company embark on a more sizeable share buyback program Will the company make any corporate acquisitions Pfizer could conceivably do all of the above.Timothy Anderson
Investors aren't giving management the benefit of the doubt on much of anything at the moment and this is probably deserved.
Timothy Anderson
One aspect of the Pfizer story that is more difficult to nail down is how the company will use its sizeable cash hoards.
Timothy Anderson
Appears to be a good quarter overall, driven by strong top-line growth and continued improvement in gross margins.
Timothy Anderson
Quarter okay. The rest is a mess. Maybe this is why management continues to withdraw from the investment community.
Timothy Anderson
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