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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 10.33-3.1%2:28 PM EST

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To: VIXandMore who wrote (4088)1/29/2004 12:22:12 AM
From: Solid  Read Replies (1) of 4134
 
Hi Bill,

<BTW, nice way to play the options.>

Hard knocks, study and a little bit of luck coupled to persistence do have merit. When I bought the july $7.50's they sat for a while and I questioned the wisdom when I was about the only one buying ANY of the HLIT options. Nice to see I was ahead of the curve on that one. Up on a down day, looks positive to me.

So many factors go into the timing of cycles and opportunities and then the state of the general economy and market even if our guestimates are near accurate. You pegged the trend and that is good. Now, if things don't melt down for any of the myriad crazy reasons they could, this area is poised for real growth, this year and going forward. People like satellite and cable and the newer services that require high bandwidth to deliver...enter HLIT.

I am re thinking my ARRS. They seem to have a hard time holding traction lately after a run up on early 4Q03 earnings pump a while ago. More cable and more older technology perhaps restraining enthusiasm, not sure. But the options there were only .85 for the May $7.5's. So I can't complain.

Nice to see some enthusiasm over the last few months in the market again. Let's hope the foundation in this election year holds and the economy continues to expand.

Success in your trades...
Tight lines.
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