Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.02

-1.6%

Nov 7 9:30 AM EST

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To: Roy F who wrote (3948)	11/27/2000 8:38:26 AM
From: Roy F	Read Replies (1) of 4134

Harmonic Comments on AT&T Shipment Hold November 27, 2000 08:08:00 AM ET SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 27, 2000--Harmonic Inc. HLIT today announced it has been informed that AT&T Broadband will not accept deliveries of products for the balance of the fourth quarter from a number of suppliers, including Harmonic. Harmonic's business with AT&T Broadband is principally in the Company's Broadband Access Networks division. Harmonic estimates that the effect of this delay will be to reduce revenue expected from AT&T in the current quarter by approximately $2 million to $3 million.

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