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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.200-0.9%Nov 19 3:59 PM EST
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To: J Fieb who wrote (3249)1/26/2000 12:27:00 AM
From: Joe Wagner  Read Replies (1) of 4134
 
J. I think one of the biggest misperceptions about companies like Harmonic, is that this big build out, or upgrade of the cable networks will eventually be over with, and then what? I think each new level of upgrade builds a base for a higher level. Five or ten years from now Teleimmersion/Telepresence with Holographic Displays will start to emerge, and the push for more bandwidth will continue unabated. Can you imagine a guy in 1986 telling his coworkers that in year 2000 he thinks 10GB hard drives just might not satisfy the needs of the average computer user, using it at home for his computing requirements. They would have said it didn't matter anyways because how many people could afford something like that, or the workstation computing power that would come with it? Most people back then would have thought a guy like that was nuts, "10MB is more than enough for a hard drive, why would someone need 1000 of these 10MB drives" Why would they keep big spreadsheets, and huge data bases? Now days we know about digital video and more & more realistic graphics being injected into the networked computer experience, and the growing "blob" of software DNA and stored memories of the collective mind of society. I think we should expect similar analogies by the end of this decade about how small 10GB drives were and how we didn't anticpate some of the applications that will come about as our computing & communication resources grow dramatically. The AOL Time Warner merger is just the start of something very big. Just kind of thinking out loud here.
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