Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.53

+0.5%

11:17 AM EST

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To: GW who wrote (913)	5/21/1997 1:08:00 PM
From: RJC2006	of 4134

GW, There is only one stock that I have that sort of feel for. You might take a look at HTCH, Hutchinson Technology. I wouldn't exactly call them beaten down however since their split they have been rather stagnant the last couple of months. Anything even remotely negative concerning disk drives hits them rather hard. Not that there has been bad news in the drive sector but possible inventory shortages usually doesn't fly well for the disk drive companies. Nevertheless, this company is in a very unique position with consideration to their product and the next two years should be good. Have considered grabbing some at or around 28. Check the financials on them and note their P/E.

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