Cramer Lights Up Corning (GLW)

Posted: May 3, 2007 at 5:22 pm

Cramer also noted that Corning (GLW-NYSE) is one that has LCD screens and fiber optic cabling whose business is on fiber, where both glass and fiber pricing is stable.  Their third business is also firing on all cylinders is energy filtration for clean engines that could even be larger down the road than ethanol.  The filtration side is a green energy company.  The company ran 33% to $28.00 and it is back down to $24.00+.  The new emissions controls have made demand strong enough that they boosted capacity in China and they are adding large customers. 

Jon C. Ogg
May 3, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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