By Prem Anand:

Market Cap: ~$20 B

"Up for grabs" were the words the jungle beast was growling, pounding its fists across its chest. The maker of world famous Gorilla Glass announced its results on 25th Jan, 2012 [see transcript].

Although the company reported record sales of $7.9 billion (19% increase YOY) in the company's 161 year history, the stock declined by about 14% in 3 days. The short selling was triggered by the not so glossy Q4, 2011 EPS, which was $0.31 versus $0.48, the previous quarter.

Corning has recently captured the spotlight for its newest innovation, the Gorilla Glass. Gorilla Glass is now used in over 600 product models, 30 major brands, and 600 millions devices. It has expanded the product line using the Gorilla Glass platform. Apart from this, Corning is also the market leader in optic-fiber communication technologies, display technologies, and a strong player in environmental technologies, and laboratory


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