Professional Research on Corning and CommScope - A Tremor of Fear
19 Agosto 2010 - 10:23AM
Marketwired
www.wallstreetequityresearch.com allows shareholders to gain full
understanding of the economic and market forces influencing the
communication equipment industry, and offers free research on
industry players
Corning Inc. (NYSE: GLW)
and CommScope Inc. (NYSE: CTV). Register
today at www.wallstreetequityresearch.com to receive free research
reports on these companies.
When the world's biggest supplier of computer networking
equipment didn't meet Wall Street's quarterly expectations the rest
of the industry felt the shockwaves. Telecommunications stocks
dipped across the board this week in the wake of an industry
leader's unmet anticipated revenues. Unmet revenue implies a loss
yet strangely, the company's revenue is up 27% from last year and
recently saw profits jump 79% in the 4th fiscal quarter. So what's
the fuss about? The company is seen as an industry litmus test and
a slightly negative result is slightly negative for the rest of the
industry.
www.wallstreetequityresearch.com is a specialized website where
investors can have complete access to free reports on communication
equipment industry; traders looking for analyst opinions on Corning
Inc., CommScope Inc. and other players in the industry are welcomed
to sign up for a free one year membership at
http://www.wallstreetequityresearch.com/.
Regardless of the illogical nature of the industry downturn, it
does serve to further demonstrate the instability of
telecommunications and the global economic recovery in general.
Telecommunications began the year strongly but remained in fear of
a recession double dip despite strong sales through the first two
quarters. When the industry leader underperformed many believed it
to be an ominous indication of a second drop. Whether or not the
second drop in the economy happens it appears that the fear of it
is sufficient to shake the confidence of the industry.
Visit us at http://www.wallstreetequityresearch.com/ to
understand the catalysts and forces driving or affecting
communication equipment stocks.
Optimism for telecommunications growth for the remainder of 2010
seems tempered at best since the earnings release last week.
Even after posting positive results for this quarter, Corning
Inc. and CommScope Inc. shares tumbled in the last few trading
sessions. Corning Inc. broke the cycle on Tuesday closing up
yesterday at $16.72. Shareholders and investors can sign up today
at
http://wallstreetequityresearch.com/August192010CorningInc.(GLW)190810.php
or
http://wallstreetequityresearch.com/August192010CommScopeInc.(CTV)190810.php
to download the full reports on Corning Inc.
and CommScope Inc.
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