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$GLW said that over the next four years, it will concentrate approx. 80% of its research, development and engineering investment and capital spending on a cohesive set of three core technologies, four manufacturing and engineering platforms, and five market-access platforms. Through 2019, $GLW expects to generate and deploy over $20Bil in cash.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.