Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.07

+0.1%

3:52 PM EST

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To: Eric Jacobson who wrote (1146)	7/10/1997 5:57:00 PM
From: Hiram Walker	of 4134

Eric, considering the volatility of contracts and customers over the last year,and earnings from competitors,this is quite a phenomenal acheivement. All the other competitors,besides maybe TLAB have had quite a rocky year. I think the next 2 years are all up hill for HLIT,after the third quarter is over. Remember what kept their earnings strong and level was the fact that they have a strong international presence which was not affected by the news and regulatory climate of the U.S. The fact that international sales are such a strong component will help HLIT over the next year. Overseas HFC is going on quite alot faster than here,and many overseas companies are much more aggressive in installing HFC for both data and telephony. Remember they built Hong Kong for Wharf cable,and Buenos Aires for VCC(50% owned by UMG). Tim

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