text:
Barney Davey is a leading expert in the art print market. He is the author of How to Profit from the Art Print Market | Practical Advice for Visual Artists, now in its second edition. He also publishes the highly regarded and trafficked Art Print Issues business blog for visual artists. This interactive 2-hour broadcast is designed to prepare you for success selling your work in the print market. If you have ever considered entering the fine art print market (and every painter and photographer should), you will find this intensive workshop tailored to your exact needs. Here is a sampling of the powerful practical career advice you will learn:
You will have time to get your questions answered before the broadcast ends. Participants also will receive a handy resource guide that will include links to artists, references, services and products mentioned during the presentation.
What's the start time in your timezone? Timing can be a bit confusing- use this table as your guide for the start time in your timezone. There will be one, two hour broadcast on each of the days and it will begin:
All you need:
For PC-based participants:
For Mac-based participants:
For Attendees with GoToMeeting app for iPad, iPhone or Android
Workshop powered by
I wish I could have read this book when I started in the print business. It would have saved me time, money and frustration in learning how to sell my art.
~ Ralph Burch, Top selling art print and licensing artist, San Diego, California www.ralphburch.com
I heartily recommend this book to any artist wishing to enter the print market. I'm thrilled to have found it, read it, and look forward to sharing it with my clients. As far as I know, it's one of a kind. "How to Profit . . . " demystifies the print world for readers. It's a great reference for who you need to know and where you need to go. I also very much appreciate Davey's frankness. He speaks with genuine authority.
~ Alyson Stanfield, www.ArtBizCoach.com
I want to let you know how valuable your book and consultation have been for us. Your knowledge, insights and suggestions were so helpful in guiding us to make some difficult decisions. These two photos of my copy of your book are a visual that says it all. I started to read the book and mark the pages with important information. Well, you can see how many pages I thought were important!!
~ Shelley Lieber, Marketing Mgr. for Joe Gemignani, Asheville, NC www.VisualImpressionsArt.com


text:
From sit down restaurants to grab and go snack shops, Wilderness has many different dining options for whatever pace you are going and whatever you are hungry for. You'll be able to find meals that the South has made famous, burgers, pizza, flapjacks, fudge, Starbucks coffee, shaved ice, assorted candies, adult beverages and much more around every corner.
For each adult breakfast or dinner buffet purchase, receive a children's (age 11 and younger) breakfast or dinner buffet FREE! When the buffet is not available, promotion applies to Children's 'off the menu' items. Holiday and special buffets are excluded from this offer. Available only to guests staying at the Wilderness at the Smokies.
A Favorite Meeting Place for resort guests… offering 'off the menu' items for breakfast, lunch (seasonal) and dinner, as well as an excellent selection of beverage choices at the bar. Hidden Trail Bar and Grill is located on the main level, next to the lobby at Stone Hill Lodge. Kids Eat FREE* (see details above) for breakfast and dinner.
The Thirsty Miner has it all… family breakfast and dinner buffets, as well as 'off the menu' items for breakfast, lunch (seasonal) and dinner. The Thirsty Miner is located on the second floor of River Lodge, overlooking the Wild WaterDome. Looking for the perfect watering hole? Look no further, The Thirsty Miner has a large assortment of beverage choices, including adult beverages. Kids Eat FREE* (see details above) for breakfast and dinner.
Start the morning with your favorite Starbucks coffee drink and fresh pastry! Craving a delicious made to order deli sandwich or maybe your favorite candies or ice cream for that sweet tooth of yours? They can all be found in the Mountain Marketplace and Deli. For your convenience, we even carry that one missed item that you forgot to pack along. Visit the Mountain Market in River Lodge, next to the front lobby.
This Snack Bar is located in the Wild WaterDome indoor waterpark.
This Snack Bar is located in Salamander Springs outdoor waterpark.
This Snack Bar is located in Lake Wilderness outdoor waterpark.
This Snack Bar is located in the Adventure Forest family adventure center.
We bring convenience to your room. It's fast and easy before or after a hard day of family fun! Enjoy Homemade Pizza, Juicy Burgers, Steaks or Chicken Tenders, just to name a few favorites. Wilderness In-Room Dining is sure to satisfy any craving that a day in the waterparks may bring.

subset: commoncrawl


text:
Eric Hutchinson
Eric Hutchinson is an American singer-songwriter. He signed with Madonna's Maverick Records, but the label shut down before his album was released. Hutchinson recorded and released the album Sounds Like This on his own. The album won praise from gossip blogger Perez Hilton, which sent ...
Official Website: http://www.erichutchinson.com/
Top 10 Tracks
Logging you in...


text:
Featured Vacation Rental
Don`t let everyone else have all the fun....you should be here, too!! 3+ BR, 3.5 BA Overlook Home at Topnotch Resort and Spa
Vacation Rentals
Property Management
Guest Services
Specials / Packages
Property Code: 654A_Americana
Americana Charm at Luxurious Topnotch Spa. Book your Spa Trip Today!! World Class Spa with Expansive Mountain Views!
Available to Reserve Online 24/7
Luxury Spa retreat for couples or families
Topnotch is a 4-Diamond member of the Preferred Resorts & Hotels network. All three of our Resort Homes at Topnotch share the same floor plan. The furnishings and decor reflect the tastes of the owners.
This luxury 3BR, 3 Bath Resort Home is furnished in a charming Americana theme. There may be framed quotes from Abe Lincoln on the wall, but this home is high tech! The living room features a 42 flat panel HDTV, dvd player and home theater system and every bedroom has flat screen TVs and DVD players, as well. The home is also equipped with high speed wireless internet access. The large tiled entry (called a mudroom in Vermont) is a perfect place to leave shoes, ski boots, jackets and equipment to dry. The home's open floor plan (kitchen, dining, living room) provides for effortless entertaining and allows the chef to socialize with the rest of the family while cooking. The kitchen is well appointed with modern stainless steel appliances and granite counters. The kitchen is fully stocked with all the dishes and cookware you will need. Blender, coffee maker, toaster oven and crock pot are all at the ready. The large dining table comfortably seats 8, and the breakfast bar has seating for 3. If you prefer to dine al fresco, the picnic table on the deck will suit your needs. A gas BBQ grill is located on the rear patio for our guests' use. Gas fireplaces grace the living room and Master bedrooms, creating instant ambiance and heat at the flick of a switch. The Master bath has a large his and hers granite vanity and features a large Jacuzzi tub, separate from the water closet, which houses the toilet and shower. There is a full size washer and dryer located in the hallway on the second floor. The upstairs bedroom has 2 twin beds and your little ones will love it! They also have their very own private full bath. The guest room on the main floor features a queen size bed, and the adjacent full bath may be locked off to form a suite with the Queen room. AmenitiesOverlook at Topnotch Spa - Voted a Top 10 Spa in USA!
Topnotch features Three heated swimming pools (1 indoor, 2 outdoor) Spa with over 100 different treatments Fitness Center with yoga and various daily fitness class offerings Hair and Skincare Salon Flannel and The Roost Restaurants on property #1 Tennis Center in the Northeast USA Restaurant Trattoria La Festa (at the bottom of the hill) Winter horse-drawn sleigh rides across the street 2 miles drive to skiing & riding (Mt Mansfield) 4 miles drive to Stowe village MapContact Information
Available to Reserve Online 24/7
Rental Rates and Seasons: (USD)
* Rates are subject to change without notice. Pricing excludes taxes, additional options and fees.
Availability Calendar
Additional NotesThe above listed services & amenities are not included in the rental rates of this private home.
Our Guests are welcome to use the outdoor heated pools and hot tub. Beginning 1/3/11, Topnotch charges all 3BR Resort Homes a daily access fee of $75 per day to use the indoor pool, hot tub, sauna, steam room, fitness center and private ski shuttle. If you do not wish to use these amenities every day, you may pay at the Topnotch Spa desk each day you choose to use the facilities. The Resort Access fee covers up to 6 people staying in the Resort Home. Guest ReviewsHave you stayed here? Write a review.
There are no Guest Reviews at this time. Please try back soon.


text:
The wireframe model is the second stage in generating a 3DSOM Pro model. The wireframe model represents the shape of the model as a triangle mesh. 3DSOM Pro uses the mask associated with each of the images to deduce the shape of the object from its silhouettes.
The basic operations for the wireframe model are described here...
The wireframe model of the object is generated with the help of the Surface Wizard which is launched by clicking on the button or the menu item.
When the Surface Wizard is opened choose the first option, "Generate wireframe", to create the initial surface and then click the button to proceed to the next page of the wizard. The other options are described in the Optimising the surface geometry and Improving the geometry with subdivision surfaces tutorials.
You can alter various parameters associated with this operation before generating the wireframe. The default values will be sufficient in most cases (the options are described in detail in The 3DSOM Pro Settings Window section).
Click the button to start generating the wireframe.
You won't see any results until the process has completed, but you can cancel part-way through if it is taking a long time. Try hitting "Silhouette decimation threshold" or reducing the number of images to reduce the time. button then increasing the
If you are experimenting with changing parameters, you can return to the last wireframe you generated by closing the Surface Wizard then using the button |
The model is stored as a triangle mesh and a technique known as decimation is used to allow the number of triangles in the mesh to be varied interactively.
Note: If a
button is displayed in the place of the slider, then click this and wait for the decimation information to be pre-calculated. This can occur after cancelling certain operations.TIP: |
Use as many triangles as you require to model the object and no more. The best way to choose an appropriate number is to view the model either using (F7) or (F6) mode and then reduce the number of triangles until you see unacceptable artefacts. |
Why might you want to change the number of triangles? Models with large numbers of triangles are slower to download over the web and require more processing power to display. The Web Optimizer tool tutorial describes how to balance these requirements for exporting to the 3DSOM Viewer format.
Sometimes there will be unwanted geometry at the base of the object as in Figure 2.4.1. This can be due to no images being taken from a low down angle (to ensure the calibration mat was visible). Also, the stand may have been treated as part of the object and not the backdrop in the masking process.
Figure 2.4.2 shows the model after clipping has been used to remove the unwanted geometry.
Choose a side view of the object such as the one shown in Figure 2.4.1 where you can clearly see the geometry you want to remove.
Select the button tool and you will see a clip plane displayed below the model.
At this point, a quick way to rotate the model to see the clip plane from a diffent angle is to hold down Ctrl to temporarily switch to the rotate model tool. |
Click the button and wait while 3DSOM Pro remeshes the object without the unwanted geometry.
You can use button to return to the previous geometry if you have removed too much.
Additional techniques can be found in the following tutorials:
< Previous topic (Masking the images) | Next topic > (Adding the surface texture) |


text:
The National Association of Broadcasters is issuing a warning to policy makers and Congress about the potential impact of ESPN's winning exclusive rights to air most of the Bowl Championship Series. The new deal takes much of the series off broadcast TV and moves it to basic cable.
In a policy statement today, NAB's board of directors said the move would "disenfranchise" millions of viewers.
"Broadcasters continue to support the rights of all Americans to have free access to telecasts of major sporting events, particularly those of publicly funded educational institutions," the resolution said. It directed the NAB staff to educate policy makers "on the importance of ensuring that no segments of society are disenfranchised from this highly valued programming."
Last week, the BCS announced that ESPN had outbid Fox for the rights to the series of games and would begin airing the games starting in 2011. ESPN's offer was said to be $500 million over four years. Fox bid $400 million, up from the $330 million it's paying under its current four-year deal.
Broadcasters to Congress: ESPN's Deal for BCS Games Disenfranchises Viewers
Nov 25, 2008 • Post A Comment


text:
Connect with Us
Arts and Entertainment
Latest news, top stories, and community events,
New PT duo salutes spring
Port Townsend musicians Lenore Vardi (violin) and Lisa Lanza (piano) will debut at 7 p.m. Saturday, March 9, at Grace Lutheran Church, 1120 Walker St., Port Townsend with a nod to spring in the Pacific Northwest.
Johannes Brahms' Violin Sonata No. 1 in G major, Op. 78, "The Rain Sonata," is featured, along with Mozart's Sonata No. 13 for Violin and Piano, Chopin's Ballade in F Minor and Emanuel Vardi's "Suite for Violin and Piano."
There is a suggested donation of $15 for adults and $6 for children at the door.
Latest news, top stories, and community events,
delivered to your inbox.
Trending Stories Apr 17 - Apr 24
We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.
Read the Apr 22
Green Edition
Browse the print edition page by page, including stories and ads.
Browse the archives.
Friends to Follow
View All UpdatesLocal display advertising by PaperG


text:
Players acquire the role of a movie stuntman who's hired to perform a variety of stunts for numerous Hollywood films. Stunts increase in difficulty and danger as the production costs rise into the hundreds of millions. The skills you have developed as a Hollywood stuntman are put to the test.Features
- EXPLOSIVE FILM SET ACTION - stunt drive in 6 famous movie locations
- 2 GAME MODES - Career and arcade (Stunt Arena) mode.
- TEST VEHICLES TO DESTRUCTION – smash up a large variety of vehicles, ranging from TukTuks to snowmobiles, Jeeps to high performance sports cars
- REPLAY MODE – replay the action as a slick, fast paced movie trailer
Hardware Requirements
8MB Playstation 2 Memory Card required.766KB minimum required to save.
Analog Control Compatible: All Buttons.
Vibration Function Compatible.
Official URL
Official Site- Stuntman Wikia Jan 17
- Stuntman directory Jun 28
- Fake accident May 18
- How is this done? Jul 11
Another one of Reflections Hollywood action simulator. After the blockbuster series...
The sellection of cars and bikes,ect are good and the dammage of them is also good....
This is game is very good but it can get very frustrating if you are a person like me...
This game is perfect if you want a driving that won't gaet boring you can drive aswell...
Orginal Idea=Stuntman
Stuntman is the most orignal game out. There has been so many knockoff games I can't...
Frustratingly difficult....
I think this game has some potential but needed to pull through better. This game is...
This is the wrost game ever. I rented it a few weeks ago and i was not impressed. I...
Stuntman is a very unique game. You are a HollyWood stuntman who goes threw movie...
Stuntman for the PS2
In general a good game, if you have a short, bad temper and horrible patience, DO NOT...
There isn't one more original game in the whole world
I bought Stuntman because I was looking for a game that would make me never want to...
Take the wheel for some original action
i very good game and worth atleast a rentel very original but can get very frustrating...
Stuntman-IT'S OK
Stuntman is one of those things that is fun in small doses but extremely frustrating...
- Genre: Auto Racing (PS2)
- Theme(s): Alternate Reality
- Perspective(s): Third Person
- Developer: Ubisoft Reflections
- Publisher: Infogrames
Released North America Jun 25, 2002 Europe Sep 6, 2002 Australia Sep 14, 2002


text:
The Risk Factors For Ovarian Cancer Video
Ovarian cancer patient, Jenny, had none of these. Nor did she have any symptoms until the cancer had spread to her lungs, something that happens in around 2% of ovarian cancer patients.
Read the full transcript
Browse Most Popular Videos
Copyright © 2005 - 2015 Healthline Networks, Inc. All rights reserved for Healthline. Healthline is for informational purposes and should not be considered medical advice, diagnosis or treatment recommendations. Terms of Use | Privacy Policy


text:
Contact details
The Owenea River runs for 13 miles draining Lough Ea in the west of the Croaghs, into Loughrosmore Bay at Ardara, County Donegal. The river has a run of spring salmon, grilse, sea trout and has a resident stock of small brown trout.
Read more Close
Can we help you with anything else? Find out how to get in touch by email, Facebook and more.
For more information on travel, accommodation and attractions have a look at our brochures and maps.
If you're a visitor from the island of Ireland you may want to visit one of these sites… Otherwise proceed to Ireland.com
Ireland.com uses cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies from Ireland.com.


text:
Shaped Pieces. Artist: Louis T. Johnson
Pieces | 1000 |
Age | Adult |
Artist | Lewis T. Johnson |
Manufacturer | SunsOut |
Theme | Bears, Fish, Fishing, Lakes/Rivers/Streams, Wildlife |
Product Type | Jigsaw Puzzle, Shaped |
Mfg. Part Number | 90136 |
UPC Number | 796780901360 |
Item Number | 39007 |
The in store location isn't a puzzle, but a set of coordinates to help you and our staff locate the item in our store. The item might be located in more than one place or could be in an area you don't have access to. If you have any problems locating the item, please ask for assistance and one of our friendly staff will help you.
Location(s): WB, 4, A


text:
Indiana Chamber endorses Bacon to succeed Avery
EVANSVILLE - A committee of the Indiana Chamber of Commerce, which calls itself "the state's leading small business advocacy organization," has endorsed Republican Ron Bacon in the race to succeed retiring Rep. Dennis Avery, D-Evansville. The endorsement was made by Indiana Business for Responsive Government, the Chamber's political action program.
Bacon, Warrick County's coroner and a former County Council member there, is opposed by Democrat Mike Goebel, a Vanderburgh County Council member and Mater Dei High School teacher and coach. Bacon and Goebel are competing in House District 75, which includes parts of Vanderburgh, Warrick and Gibson counties.
"Job creation and economic growth must be top-priorities for our state. Ron Bacon is a small business owner and understands these issues," Jeff Brantley, vice president of political affairs for the Indiana Chamber, said in a written statement.
Bacon owns Freedom Medical, a family-owned medical supply store.
"Whirlpool Corp. idling their facility in District 75, is another example of the need to have local law makers working with employers in our district and our community crafting incentives for job creation and job retention," he said in a written statement.
"Affordable education opportunities for those displaced from such closing need to be available within our community college system at Ivy Tech (Community College). An educated workforce in a business friendly environment is what it is going to take for Indiana to remain competitive in landing new job creation in the future."
Subscribe to the Courier & Press or The Gleaner
Need Help? Call us at 1-877-304-7771.
Monday-Friday: 6am-5pm / Saturday: 6am-11am / Sunday: 7am-Noon


text:
Potter Creek next to Walterville Elm. School has no snow but the Ice tells it all. The creek is still flowing but Ice is building up on the sides of the creek.
Potter Creek tunring to Ice
This story is inappropriate and should be flagged for moderation. Please choose from one of the following options:


text:
1928 (E-Richmond) $500 FRN VF
Roll Over Image To Magnify
The note you see here is the exact note you will receive.
Product Details
Series 1928 $500 from the elusive Richmond district!
An interesting aspect of the Federal Reserve Notes from 1928 is that their redemption wording states, "Redeemable in Gold on Demand at the United States Treasury, or in Gold or Lawful Money at any Federal Reserve Bank." No Federal Reserve Note since 1928 has carried this redemption.
This is a solid Very Fine note with no distractions. Woods/Mellon signatures. Serial number E00015630A and Friedberg #2200-E. Comes housed in a Capital plastics deluxe currency holder.
Currency -- why buy Currency from APMEX?
Currency such as Federal Reserve Notes, Silver Certificates, Gold Certificates and Legal Tender Issues are all popular collectibles and a nice addition to any numismatic collection. Call our Account Managers toll free at (800) 375-9006 or click on the "Live Chat" button. APMEX is where to buy Precious Metals! Also, you can come to us when it is time to sell Gold, Silver, Platinum, Palladium, and Currency.Specifications
Product ID: | 76699 |
Year: | 1928 |
Grade: | Very Fine |
Grade Service: | None |
Denomination: | $500 |
Metal Content: | 0 troy oz |
Purity: | N/A |
Manufacturer: | Bureau of Engraving & Printing |


text:
Definición de second line en inglés:
1.1 [ usually as modifier] A medical treatment or therapy used in support of another, or as a more drastic measure if the primary treatment is ineffective.
Oraciones de ejemplo
- Another review of several case studies recommended oral and topical retinoids as second-line therapy for the treatment of flat warts.
- No ideal second-line treatment has been established if the initial therapy fails to eradicate the organism.
- These differences in second-line therapy may account for some part of the observed difference in survival.
1.2A battle line behind the front line to support it and make good its losses.
Oraciones de ejemplo
- He tried to form a second line but Allied cavalry swept him away: by dawn on the 24th only about half his army was intact.
- Badrand smiled as with a huge crash, his second line joined the battle.
- Men in the first line fought until they were killed or wounded and then men from the second line would move up to fill the space.
1.3 [ as modifier] Ranking second in strength, effectiveness, ability, or value: the clutch of second-line U.S. computer manufacturers
Más ejemplos en oraciones
- We have also had strong performances from some second-line stocks including Kingspan and Grafton Group.
- But the working musicians who populate the neighborhood clubs, second-line parades and jazz brunches, are more vulnerable, often living gig to gig.
- Fortunately their second-line bowlers were nowhere near as good.
Definición de second line en:
- Diccionario Inglés británico e internacional
¿Qué te llama la atención de esta palabra o frase?
Los comentarios que no respeten nuestras Normas comunitarias podrían ser moderados o eliminados.
Obtenga más de Oxford Dictionaries
Suscribirse para eliminar anuncios y acceder a los recursos premium
= de moda


text:
Chincoteague IslandAre you ready for a change from the big city beach resorts? In Chincoteague there are no high rises, board walks, or traffic jams. Chincoteague Island is a serene, yet fun filled, tourist destination. Chincoteague Island is Virginia's only resort Island. Located on Virginia's Eastern Shore, Chincoteague is within easy reach from all major cities on the mid-Atlantic seaboard. Chincoteague is the gateway to the Virginia portion of Assateague Island, home of the famous Chincoteague Wild Ponies. Chincoteague offers a relaxed atmosphere and the beauty of unspoiled nature. From relaxing on the beach to viewing a spectacular sunset over the Chincoteague Bay, there is never a shortage of things to do in Chincoteague. We hope that you will fall in love with our Island, the way so many others already have. |
CrisfieldCrisfield.com is an internet resource for Crisfield Maryland and regional area. Our goal is to maintain a web presence for community business and organizations. Crisfield is located on the Beautiful Chesapeake Bay off of Tangier Sound and near the mouth of the Little Annemessex River. We are known world wide for our delicious seafood, including Blue Crabs, Oysters, and many varieties of fish. Crisfield, once called Annemessex, with its rich history was settled by 1663. |
Pocomoke Area Chamber of CommerceThe Pocomoke Area Chamber of Commerce is organized to achieve the objectives as stated in our articles of incorporation. "The purpose for which the Corporation is formed and the business or objects to be carried on and promoted by it are as follows: The advancement of the civic, commercial, industrial and agricultural interests of Pocomoke City, Worcester County, Maryland, and the surrounding territory; the promotion of the general welfare and prosperity of Pocomoke City and its surrounding territory, and the stimulation of public sentiment to these ends; and the providing of such social features as will promote these purposes." |
Skipjack.net (Somerset County activities)This site is a complete guide to Somerset County. What to do, where to stay and what's best eat. Somerset County is an area rich in Eastern Shore and Maryland history, boasting more historic buildings and sites per capita than any other county in Maryland. Vividly reflecting the past is a wealth of surviving eighteenth and nineteenth century plantation, farm and town dwellings, churches and agricultural buildings. |
Somerset County GovernmentSomerset County was created by an Order in Council in 1666 and named for Lady Mary Somerset, daughter of Thomas Arundell of Wardour, and wife of Sir John Somerset. Lady Somerset was the sister of Lady Anne Arundell, who was the wife of Cecilius Calvert, Second Lord Baltimore. |
Deal IslandDeal Island is one of the last Bay type water and land mosaics on the East Coast left unblemished and untouched by the sprawl of modernism. Deal Island, Maryland - 6 mile long, 3 mile wide neck of small town living surrounded by the Chesapeake Bay and tributaries in Somerset County of Maryland's eastern shore. |


text:
204th Meeting of The Electrochemical Society, Co-sponsored in Part by the Electronics Division of The American Ceramic SocietyOctober 12-October 16, 2003PROGRAM INFORMATIONB2 - Power Sources for Transportation ApplicationsBattery/Energy TechnologyTuesday, October 14, 2003Great Hall West, Ground LevelPerformance Testing and EvaluationCo-Chairs: K. Zaghib and T.Q. Duong
Diagnostics of Failure ModesCo-Chairs: Z. Ogumi and V.S. Battaglia
Wednesday, October 15, 2003Low Cost ComponentsCo-Chairs: Z. Ogumi and A.R. Landgrebe Fuel CellsCo-Chairs: I.B. Weinstock and A.J. Salkind
Send mail to the ECS webmaster with questions or comments about this web site.


text:
Corning (NYSE:GLW) is expected to announce its second quarter earnings report on Wednesday, July 25 2012. [1] The company is coming off of a dismal previous quarter where it posted a decline of nearly 40% in net income on a year-over-year basis. [2]
We anticipate the second quarter to be marginally better than the previous quarter. However, the earnings will be impacted in this quarter from a continuing decline in prices of LCD glass substrates, and lower sales at Dow Corning due to lower demand and price decline of silicone products. The impact will be partially offset by growth in sales of Gorilla Glass and optical fibers and cables.
On the whole, Corning has another tough quarter to negotiate.
We have a price estimate of $16 for Corning, nearly 30% above its current market price.
See our complete analysis of Corning here
Earnings impacted by price decline in LCD glass substrates and silicone products
The prices of LCD glass substrates have been declining since the last quarter of 2011, due to overcapacity in the market and reduction in the amount of inventory in supply chain. As a result, we anticipate sales in the Display Technologies division of the company to get impacted. The division primarily manufactures glass substrates for LCDs and constitutes 25% of the overall company value.
Equity income through Dow Corning, which manufactures silicone products and constitutes approximately 20% of the company value, shall also get impacted due to lower demand and decline in prices of silicone products.
Higher sales of Gorilla Glass and Optical fiber & cables
However, the impact will be partially offset by higher sales of Gorilla Glass and optical fiber and cables.
We anticipate growth in sales of Gorilla Glass in the second quarter of 2012, on a year-over-year basis, driven by higher sales of smart phones, tablets and other hand-held display devices, which incorporate the Gorilla Glass. It is part of the Specialty Materials division, which constitutes approximately 6% of the company value.
We also anticipate, higher sales of optical fibers and cables, driven by increasing demand in developing nations that have much lower optical fiber network capacities in comparison to developed nations. Optical fibers and cables are part of the larger Telecommunications business division of the company and constitute 6% of the company value.
On the whole, the second quarter earnings report of Corning shall get impacted by decline in prices of LCD glass substrates and silicone products, partially offset by higher sales of Gorilla Glass and optical fiber and cables.
Understand How a Company's Products Impact its Stock Price at Trefis
Notes:- Second Quarter 2012 Earnings Conference Call, www.corning.com [↩]
- Corning reports first quarter results, April 27th 2012, www.corning.com [↩]