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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.545+0.6%Nov 26 3:59 PM EST

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To: Mark Oliver who wrote (2546)10/8/1998 9:51:00 PM
From: Hiram Walker  Read Replies (1) of 4134
 
Mark, Theo is the only analyst still covering HLIT. I think he is wrong,but I have been wrong,but so have they. I think revenues will be above 23 million,a record,and earnings will be in the single digits. They are on the cusp of greatness,and I hope T and Armstrong take notice of the small company in Sunnyvale delivering the best optoelectronics in the world.
The billions of dollars AT&T is spending on developing its IP infrastructure and related businesses also includes the pending deal to acquire cable giant TCI, its global virtual private network business -- which has British Telecommunications Plc. as a European partner -- as well as several other initiatives announced Thursday. These include funding for a new Internet research center at the University of California at Berkeley and a hardware and software interoperability tests lab, chartered to "form a testbed for standards," Armstrong said.

Tim
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