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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)1/13/1999 11:25:00 AM
From: Hiram Walker  Read Replies (1) of 4134
 
Eric, I believe the market does not know,and I believe in the Theory of Inefficient markets. The market never knows until it hits it in its cement head. The market sold INTC into oblivion back when the 386 was not doing well. You have to believe in the company, the reason for the stall at the new high is that earnings are not visible. HLIT has a 10 year track record to gauge the price by,not like the Internut stocks. Their growth is going to be nothing short of spectacular over the next 2-3 years.
Tim
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