Thursday, May 05, 2005

GLW - GLoW - worm


GLW 5/4/05

I owned GLW about two years ago. I saw that Dan Fuss of Loomis Sayles was buy the debt and I figured the company was not going out of business. So I bought the equity around $5 and sold around $12. Well, I am back in again. I believe in this company's management. They are good at reinventing themselves. They are doing it again with flat screen TVs, making the glass that is. They are one of four companies that make the glass, in the world. The stock recently broke out of its trading range. The 26 week EMA is moving up. People are talking about this one and starting to buy.

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