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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: Black-Scholes who wrote (3098)11/16/1999 10:01:00 AM
From: MikeM54321  Read Replies (2) of 4134
 
Thread,
From Harmonic's Q3 CC, I jotted down that 50%($26 million) of Harmonic's revenues came from AT&T. If accurate, then the following may be of interest to HLIT investors. It's hard to interpret exactly what AT&T is saying, but apparently there may be(?) some type of Y2K product/software freeze.

This came out of AT&T's most recent SEC 10Q filing. It was made public this morning.
MikeM(From Florida)

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From AT&T's Sept 10Q:

"To maintain a state of readiness and further protect against potential Y2K-related service disruptions, AT&T is instituting a special "quiet period" from December 1, 1999 through January 15, 2000. During this period, no new software or hardware will be introduced into the network or support systems. Provisioning and scheduled maintenance will also be limited.
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