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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: nghi vu who wrote (3973)12/29/2000 5:53:38 PM
From: pass pass  Read Replies (1) of 4134
 
LU warned 5 times this year. LU is a much more diversified company. You should realize HLIT is a niche company serving a cyclical industry with only a handful customers, and the biggest one is the least innovative company (T).

HLIT already made management changes of its BAN division. I didn't hear anyone praising the management when its stock soared from $5 to $150.

Keep in mind that when CIEN warned, its profitable quarters followed by the next 2 quarters of bleeding losses, LU was on top of the world and telcos were throwing money away. It was a much better economic environment than it is today. CIEN recovered because it had good product. Can you tell me what's wrong with HLIT's products? Does anyone make a better mouse trap for HFC?
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