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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 8.880+0.3%Nov 21 9:30 AM EST

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To: Hiram Walker who wrote (2749)5/5/1999 1:39:00 PM
From: Mark Oliver  Read Replies (1) of 4134
 
Looks like sellers have been taking every advantage for the last few days to sell. They've done it in a way that hasn't killed the stock in one fell swoop, but clearly it has had an effect.

In the mean time, lot's of news on the Media One deal. Perhaps the most important is T will use Comcast network for telephone and that Microsoft is buying stake of 2-3% in T to assure they will use Microsoft in set top boxes. biz.yahoo.com

Now, what does this mean? Will Comcast be changing equipment to satisfy T for phone service? Doubtful, but will the Microsoft set top box change anything for HLIT? It seems like Comcast is a good HLIT customer, so their getting some of the Media One pie isn't so bad, is it?

Regards,

Mark
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