Corning Incorporated Chief Operating Officer P. F. Volanakis will discuss the company's growth opportunities in a presentation to investors at the UBS 10th Annual Global Communications Conference in New York on 15/11/05. Volanakis will reaffirm the company's 4Q guidance & provide an update on Corning's growth areas. "We continue to expect 4Q sales for the company to be in the range of $1.18-$1.24BN & earnings per share (EPS) of $0.21-0.23, excluding special items", Volanakis will say. This EPS estimate is a non-GAAP financial measure & is reconciled on the company's investor relations Web site. Volanakis will reiterate to investors that the company expects sequential unit volume for its Display Technologies segment in the 4Q to be up 3% to 10% & that sequential pricing is expected to be down slightly. He will also confirm previously announced expectations for the company's Telecommunications segment, including sequential sales volume of down 4% to 7%; sequential fiber and cable sales down 10% to 15%; and sequential hardware and equipment sales consistent with the 3Q.
