Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 9.255

-0.3%

1:15 PM EST

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To: lazar921 who wrote (1839)	1/7/1998 5:03:00 PM
From: Hiram Walker	Read Replies (3) of 4134

Lazar, they said they would account for it in either the fourth quarter or first quarter of this year. Since it was finalized in January,I think it must be in the first quarter. The earnings estimates will not count in that quarter,and will be accounted for as in process development. This quarter's should not be affected,and probably will exceed expectations. Remember CVUS is installing New Media modeams and headend gear this quarter,ramping up to a full 2 way LMDS reverse polarization system. The contract with CVUS is for $30 million dollars over the next few years,and they are only paying a little over 1 million shares for them. At the time of initial proposal it was close to $20 million,now it is only a little over $12 million in stock. But there are outstanding options that have to be accounted for,to many associated with New Media. Tim

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