Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 9.565

+0.3%

Nov 28 12:59 PM EST

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To: Eric Jacobson who wrote (2599)	1/11/1999 5:43:00 PM
From: Mark Oliver	Read Replies (1) of 4134

Yes, very disappointing performance in the face of good news. HLIT has never been a very good company to own and this is yet again missing the moment. The management are perhaps technically competent, but they don't know how to sell their company to investors. Very stupid. Tony Ley thinks he's so clever. I asked him why he didn't do more PR. "Don't think it's important". Maybe not, but you could have saved millions buying New Media if your stock was worth more. Wasting millions is poor business. He looked at me like I was missing the point, but Tony you are missing the point. I wouldn't hesitate to vote for new management. In fact, I usually do with every proxy. Still, if the market stays strong for another week, I don't see how HLIT can't add a few more points. Regards, Mark

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