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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.620-0.7%Feb 5 3:59 PM EST

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To: Hiram Walker who wrote (935)5/22/1997 10:42:00 PM
From: john lilly   of 4134
 
Hiram,

I don't believe this "tradering" is entirely a bad thing. It's
like weather or the waves. There are rises and falls, and if you
learn those, no matter what their impetus, you can make some
moneys on the swings (buying and selling, or writing covered calls)
and at the same time stay abreast of the company and maintain a
stake and active interest. I would rather get in and out a few times
and be part of the process when it breaks up to the next level than
watch it move slowly or not at all for a long period. The cream
will rise, and HLIT, b/c of its quality and income, will succeed.
When the funds take more notice, when it hits that critical mass,
i want to be along for the ride.

Just my 2 cents.

Mark (JD's brother).
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