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: Capitalizer who wrote (842)	5/9/1997 11:01:00 PM
From: Scott H. Davis	of 4134

The only two problems I see with HLIT right now short term is that with the degree of sudden rise, somettime profit taking has to set in, and secondly, a company with no debt, a very low PE price/sales, price/book etc yet with a string of record quarters works well in this value orriented market phase were in. Now that the PE is near 30 (still a good value from my perspective), it starts to get out of the range of the value crowd. IMHO Scott

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