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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 10.09+0.7%Nov 10 3:59 PM EST

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To: Eric Jacobson who wrote (2882)8/13/1999 12:39:00 AM
From: JohnP  Read Replies (1) of 4134
 
I used to own HLIT last year and after taking a big loss, I am feeling really stupid about not staying with this company. It is great they had a fanatastic turn around. Currently I have read these threads with interest. I have recently been burned by NEON too. It seems when companies have a huge amount of revenue increase, that the market expects them to keep up this celestial pace and if they don't have astronomical results, they get slammed pretty hard. I have been looking at HLIT's chart and feel it would be tough to buy right now. Just look at the last few days as it has risen. I expect it would have to fall back into the 65-70 range before I would feel better about buying.
I guess we'll see what happens over the next several days. It will be very telling....
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