Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 9.545

+0.6%

Nov 26 3:59 PM EST

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To: Hiram Walker who wrote (841)	5/9/1997 5:32:00 PM
From: Capitalizer	of 4134

Tim, I'm generally a fundamentalist type who casually checks out charts once in a while and would have to agree whole heartedly with you. The last two times HLIT made an upward break past its 200 day avg, the price shot up 7 points. That would peg this sucker at right around the extremely heavy resistance area of 25. In fact the one thing stopping this great company from breaking even that resistance is quarter-to-quarter, strong revenue growth. If their plans fall into place and the rest of the year is positive as the company anticipated after their Q4 release, then we should be in for an incredible ride. I too own "too much" HLIT, but it seems to be one of the best companies out their right now and I'm having a difficult time finding equivalent investments. Jeremy

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