Tim, Asian Flu has pulled down, or clouded, the future prospects on a lot of companies. Look at Oracle and their probems due to Japan. Korea and Malaysia are in trouble. Perhaps, the future of China's currency is in question. Falling currencies threatening PC sales. Possible problems in Brazil. Europe has been dragging, but may be on a come back.
With all this, and HLIT's increased dependance on the international market to side step domestic problems, are we perhaps looking at a stand off. Will the increase in the US off set delayed or canceled projects overseas? The US cable industry has done a lot of posturing, are they really ready to get out the check books now?
Can HLIT put into place enough capacity to supply what appears to be a sudden surge in domestic spending? How well does HLIT compete with Toshiba on price? There's a lot of cheaper labor coming out of Asia now. Do you think Anthony Ley would ever consider selling? (I don't) Maybe HLIT's size will hold them back?
What effect do you see from canceled projects in Asia. We all look to your posts as a great source of information, but as you say, you can be biased. :-)) Without being afraid to kill share price, because after all we really don't move the market on SI, what is your worst case scenario.
Best Regards,
Mark |
