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

To: Madharry who wrote (3857)10/4/2000 9:58:17 PM
From: Rubble  Read Replies (2) | Respond to of 4134
 
I don"t get it. HLIT has $2.3 billion in assets, under $500 million in liabilities, and is now trading between $14 and $15. The assets minus liabilities is $1.7 billion, divided by 50 million shares outstanding is over $30 per share. This stock looks like a take-over candidate at this level.



To: Madharry who wrote (3857)10/4/2000 11:00:07 PM
From: Rob S.  Read Replies (1) | Respond to of 4134
 
Considering that they will report on OCT 18 it does look a bit unusual. I think management does not have tight reigns on the company or they didn't want to own up to their mistake in previous guidance.


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