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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.690+1.1%Dec 5 9:30 AM EST

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To: mph who wrote (3412)5/16/2000 11:04:00 AM
From: drsvelte  Read Replies (2) of 4134
 
Harmonic Lightwave (HLIT) 58 1/2 -7 1/4 (-11%): --Update-- As a result of weaker-than-expected growth at the recently acquired Divicom unit, SG Cowen lowering growth expectations for HLIT from 40% to 35%.

16-May-00 10:51 ET
Harmonic Lightwave (HLIT) 58 1/2 -7 1/4 (-11%): Issue coming under pressure after HLIT filing with the SEC indicates that company's Divicom unit not growing as fast as expected; company's CFO now projecting 20% growth for the 2nd qtr vs previous estimate of 20%.
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