Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 9.625

+1.4%

2:21 PM EST

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To: Steve Hufnagle who wrote (2659)	3/18/1999 6:20:00 AM
From: Hiram Walker	Read Replies (1) of 4134

Steve, I would think down, but I am not sure why they need that money. They are not short of cash,it must be for something pretty big. It will bring 50 million dollars to HLIT,what could they possibly be planning? I am going to call Mike Newman tomorrow to find out what is going on,if I can. They have not preannounced anything,I think this money is for a significant expansion. Remember T is really pushing TCOMA to upgrade,and I know they are having a hard time with production of MetroDWDM for them. Maybe the onslaught of orders is just too great,and they have to expand too rapidly. Remember CMCSK,Charter,and RCNC are new customers for MetroDWDM products also. I think this is a good sign,too many orders to keep up with.Are they possibly planning a buyout of someone like ORTL? Tim

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