Jankowski also cautions that she sees potential for an inventory correction for Gorilla Glass in Q1.

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It is very hard to believe that these levels represent full reckoning of an inventory correction.

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This thesis: an inventory correction in the chip industry is coming to an end.

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We would wait for the inventory correction to play out and macro trends to stabilize before becoming more constructive on the stock.

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With no recovery in industrial earning power in sight and technology in the throes of its inventory correction, corporate earnings just aren't going up this year.

FORBES: Economic Scrabble

In Corning's wholly owned display business and Samsung Corning Precision, total glass volume is expected to be consistent to down low-single digit percentage sequentially, depending on the level of normal seasonal inventory correction expected from panel manufacturers.

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Therefore, we believe we were also impacted by the correction of that inventory in the June 2011 quarter.

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Thirty years ago, if you were a shop owner, you spent a large chunk of your time poring over inventory, keeping your books, clinking away at your calculator, double checking your numbers, and going through enough correction fluid to whitewash a fence.

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