If you are a regular reader, you will probably know that I am a big fan or Corning (GLW).  They are positioned so well for the spending that is still occoring in the economy and also to take advantage of the spending that will come once we recover.

Flat panel: TV shift continues
Green Tech: Filter products
Network build outs: ongoing and stimulous money helping to spike the current spend
Cell phones and other devices: Gorilla glass ®.  Let’s hope for that Apple tablet type device to boost 2h 2009.

If you are looking for a nice long term investment, consider Corning.  There has been a bit of a swing in share price, but anything under $15 a share should look like a fantastic entry point in a couple years time.

I am trading in some option contracts right now.  Down a bit on one batch and up a bit on my second batch.  I might just see myself out of these contracts tomorrow.   However, I am getting a bit greedy and will consider a hedge of a gain rather than an outright sale on these contracts.  We’ll see what tomorrow brings.

Corning - GLW

Related articles:

1. Bought some Corning Calls
2. Sold some Corning Calls
3. Corning Continues to be a Rock
4. Out of my Corning Calls
5. Sold Corning Calls