Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.44

0.0%

Nov 5 3:59 PM EST

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To: sammaster who wrote (4048)	7/21/2002 8:16:40 PM
From: Czechsinthemail	Read Replies (2) of 4134

Certainly, the capital situation of HLIT's customers is a big factor in how much and when they can spend for capex. On the other hand, I think much of HLIT's equipment is likely to be high priority capex spending. I think there is a good chance the company will announce some layoffs as a cost-cutting measure unless they see very clear indications of a dramatic jump in revenues very soon. Typically, the Sep quarter tends to be a big one for HLIT revenues. Either way, with the stock so depressed, I think HLIT can come away a winner: moving up on good news or a relief rally on less-bad-than-feared news The stock may remain under pressure until the upcoming earnings report and conference call helps clear the air. But I'm convinced that there is much more money to be made on the long side, so my plan is to buy more on further weakness and park the shares.

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