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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 10.42-0.5%Dec 16 3:59 PM EST
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To: Grandk who wrote (3306)2/18/2000 6:23:00 AM
From: Tim Esser  Read Replies (2) of 4134
 
Kenyon, you might also try the CUBE thread. HLIT is buying a portion of CUBE, ie, Divicom, which supplies head end systems for digital broadcasting, both satellite and terrestrial. Divi represented 40% of CUBE's earnings, and CUBE semiconductor had 60%. Each owner of CUBE will get .54 shares of HLIT when the transaction completes in March. The price of CUBE now is $87, therefore most of the value is coming from the Divi portion based on HLIT's price, and CUBE semi remains way undervalued, in the low $20's range. The CUBE thread is very active and very informative. Good luck, Tim
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