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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.280-0.1%Nov 18 3:59 PM EST

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To: Alex W. who wrote (985)6/7/1997 8:30:00 PM
From: Doug (Htfd,CT)   of 4134
 
Cousin Bob Withdraws HLIT from Port, Apologizes on June 5

From go2net.com

"June 5, 1997 - $16-1/4
My apologies to those who have committed to Harmonic Lightwaves
Inc. (HLIT). Due to uncertainties and lack of earnings visibility, I
believe there is higher-than-normal risk to its 2nd-quarter earnings
figures. The cable operators who account for all the company's
revenues have yet to really begin their major capital expenditures in
upgrading their networks. Therefore, my decision to add the stock to
my portfolio was premature and I am selling my position. I will
consider adding after July 16, when the company reports 2nd-quarter
earnings results. Please feel free to email Cousin Bob with any
questions regarding my decision. Thanks."

~ Doug ~ (no position in HLIT)
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