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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?


To: Maya who wrote (3444)5/19/2000 9:48:00 AM
From: 2sigma  Respond to of 4134
 
<from briefing.com>..............
09:32 ET Harmonic, Inc (HLIT) 48 9/32 -27/32 (-2%): Soundview view suggests stock weak due to question of just how well DiviCom acquisition will work but remains optimistic about digital infrastructure build-out and growth in core fiber optic activities. Earnings forecast for FY00 upped from $1.18 to $1.25; F01 $1.46 to$ 1.57. Firm reiterates STRONG BUY with a price target in the low $ 90's would be aggressive buyer.