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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 10.23+1.4%Nov 11 3:59 PM EST

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To: nagrom who wrote (3905)10/25/2000 2:52:28 PM
From: nghi vu  Read Replies (2) of 4134
 
Isn't obvious that the cash amount you saw is not the correct number? the balance sheet had 2 sides. You should look at the tax liabilities as well....as the other poster pointed out, the tax man came last quarter to collect....HLIT is not as big of a bargain as you think. It is dead money for the next 6 months since they already pre-warned 4th quarter. Along with the slow down in cap ex in cable co, don't expect upside surprise anytime soon. Take it from me, I got burn twice by Ley over the last 2 quarters as well as most institutions.
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