text: Corning Incorporated is more than the sum of its parts—much 
  more than a commercial enterprise. 
  
  I continue to be extremely excited about the future opportunities 
  emerging from our 152-year legacy of scientific innovations. 
  We are concentrating our efforts on high-impact, near-term 
  growth initiatives with emphasis on our liquid-crystal display, 
  diesel filter, and chemical processing projects. 
  
  We have a time-tested set of Values and we rely on them 
  to guide our every action. We also hold dear the pride of 
  association that all who touch our corporation feel. 
  Shareholders, customers and employees understand that your 
  corporation has, for more than 150 years, produced useful 
  and industry-creating products that have changed the lives 
  of mankind. 
  
  And we are certainly not giving up on optical communica- 
  tions. We have the biggest share of the optical fiber market, 
  by far, and continue to be the low-cost producer for anyone 
  needing to move information from place to place. So while 
  we’ve scaled back on production of fiber and other optical 
  products, we certainly believe that they will continue to be 
  an important part of our product mix again in the future. The 
  optical communications industry is still in its infancy and we 
  will capitalize on our leadership position to grow both our 
  earnings and return on shareholder equity. 