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To: wlheatmoon who wrote (52901)7/23/1999 11:55:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
Mike, your HLIT idea was pure genius, I imagine you have seen how that popped on earnings.

wallstreetcity.com

biz.yahoo.com

Harmonic Announces Record Second Quarter Results
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 21, 1999--Harmonic Inc. (Nasdaq:HLIT - news) today announced its results for the quarter ended July 2, 1999.

For the second quarter of 1999, Harmonic reported net sales of $37.9 million, up 109% from $18.2 million for the second quarter of 1998. Net income for the second quarter of 1999 was $3.9 million or $0.25 per diluted share on 15,698,000 shares outstanding, compared to a net loss of $2.9 million, or ($0.25) per diluted share on 11,591,000 shares outstanding for the same period of the previous year.