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: michael_pdx who wrote (3989)	1/11/2001 7:45:45 AM
From: MikeM54321	Read Replies (2) of 4134

"Revenue from the Convergent Systems division (Divicom), has held up much better than the Broadband Access Networks Division (Harmonic)." michael- No. Not really. Maybe Q400 was okay. But it was Divicom that killed HLIT in Q300. Something like $20 million instead of a projected $40 million. Ouch. This is from memory so I could be wrong about the figures but not wrong about the size of the miss. It was something on the order of a 50% revenue miss. Recently, as you point out, Divicom did better but from greatly lowered expectations. Up something like $5 million from Q3 to Q4. But all in all, not pretty. Going forward you would think HLIT would be on a roll with CS because of digital TV rollouts. But competition in that space is more intense than in BAN. But if you believe in the rising tide floats all boats theory, then maybe HLIT CS division will look better going forward. -MikeM(From Florida)

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