October 2008

The time has come to start nibbling on some savory stocks trading at ridiculously low prices and valuations. One well run company that has been on my radar for quite some time and is definitely trading as if there was no tomorrow is Corning Incorporated. Corning has been trading at quite a discount to it's true value for quite some time, but given the current market conditions, I demanded an extra margin of safety. That came yesterday, as Corning came within about 5% of it's 5 year low.

Corning Incorporated logo

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