Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.25

-2.5%

3:59 PM EST

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To: reg who wrote (2977)	10/21/1999 3:07:00 PM
From: jmanvegas	Read Replies (1) of 4134

A third-tier house downgrades from strong buy to buy. This means they want their customers in but at a lower price - call it what you will but it is bogus B.S. With HLIT at a run rate of over $200 million in revenues and continuing sequential growth, this stock is dirt cheap in comparison to other photo-optronics firms. You may hear an argument of over-valuation, the stock has had a good run, etc., but this creates even better buying opportunities for a long-term run well above 100. This market is attempting to get on everyone's nerves - it does try one's patience. Good luck all. JMHO. jmanvegas

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