Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 8.845

-3.9%

3:59 PM EST

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To: Hiram Walker who wrote (1830)	1/5/1998 10:43:00 AM
From: Mark Oliver	Read Replies (1) of 4134

Tim, decided to become a believer and bought in today. Seems like the price is good and the potential is there. I was swayed when I saw Sony buy 5% of NLV. They want a piece of the cable market too. Note, Sony will pay "about $25 for 7.5 million" NLV shares. At the moment, NLV trades at 19 13/16 + 1 5/8. I read your link, but confess I didn't understand it. The comparison of 4 system types was clear enough, but I don't know which type or types HLIT offers. Thanks for the advice, Mark biz.yahoo.com Monday January 5, 5:06 am Eastern Time Sony to make announcement on NextLevel on Monday TOKYO, Jan 5 (Reuters) - Sony Corp (NYSE:SNE - news; 6758.T) said it will make an announcement on ongoing discussions with NextLevel Systems Inc (NYSE:NLV - news) later on Monday in New York. A spokesman for the Japanese electronics powerhouse declined to comment on details of the announcement. The Wall Street Journal reported earlier on Monday that Sony would take a five percent stake in NextLevel, which makes advanced digital television set-top devices. The value of the investment was estimated at $188 million. The report said Sony would pay about $25 apiece for 7.5 million shares of NextLevel so that it can distribute the U.S. company's set-top boxes throughout North America.

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