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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.590-5.0%3:59 PM EST

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To: edwin mok who wrote (1054)6/13/1997 5:27:00 PM
From: Hiram Walker   of 4134
 
Edwin, when I talked with the company last time I asked them about this. They said they negotiate the contracts in dollar terms and sign them up front. They thought dollar fluctuations would not play much with their earnings. The thing it would do is make these contracts more expensive to sign up front if the dollar rallies. Dollar weakness makes thier products even more competitive overseas,and they have a good product to sell.
Tim
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