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Corning's Jamie Houghton. (Roses).


He came back from retirement to rescue Corning from the fiber optics collapse. After having to lay off
Lay off
In the context of general equities, this eliminates all or part of a position by finding customers or other dealers to take the position.
 almost half his employees, Houghton is saying Corning could return to profitability in the third quarter of 2003. Here's hoping the whole sector can recover from its near-death experience near-death experience, phenomenon reported by some people who have been clinically dead, then returned to life. Descriptions of the experience differ slightly in detail from person to person, but usually share some basic elements: a feeling of being outside one's body, a sensation of sliding down a long tunnel, and the appearance of a bright light at the end of that tunnel..
COPYRIGHT 2003 Chief Executive Publishing
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Chief Executive (U.S.)
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2003
Words:47
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