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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.613-6.4%3:59 PM EST

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To: RJC2006 who wrote (1063)6/16/1997 6:25:00 AM
From: Hiram Walker   of 4134
 
Bob, I tend to disagree a little,the world has very little telephony service,never mind internet access. China is booming in infrastructure build-out,as is all of Asia. There are many markets,and the U.S. may be the largest,but the combined weighting sill tends to dwarf the U.S. Also there are few small companies with the expertise or willingness of HLIT to be an international company. I believe international sales are the key to HLIT,and few if any companies of their size will be able to compete internationally. The U.S. seems to be a minor part of HLIT,but I would love to see them strenghten their ties to TWX,COX and UMG,as these are technology driven cable companies with a good vision of what the future telecom infrastructure will look like. HLIT's biggest customer is Rogers in Canada,this should help boost second half earnings IMHO.
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