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

To: pass pass who wrote (3957)	12/27/2000 1:18:43 PM
From: nghi vu	Read Replies (1) \| Respond to of 4134

I wouldn't count on it. I am out and think this company is a very sick company in a very sick industry. The MSOs will not over next month change their budgets and order more. Right now, all indications are they are scaling down all purchases from everyone while trying to maximize the returns on the assets they bought over the past 18 months. Any bounce will be short term and not sustainable in the next 3-6 months. Harmonics revenue this quarter will be lower than what it had a year ago when it didn't have Divicom yet. Today, with the bloated expenses, the balance sheet will be under siege. HLIT CFO will have the hardest job of all....what to control the expenses while profits are unlikely to happen for the next 3 quarters. Sooner or later, something will have to give....layoff or MSO will pick up the buying again. Don't be surprise to see a price war in broadband internet within the next 6 months. I really do think that a slow economy will force the MSOs and babybells to come up with new pricing scheme to maintain current subscriber growth.....If that happens, I think co like HLIT will be in the world of more hurt because that means the MSOs are using up less capacity than they projected(as of right now) and likely to delay orders even longer until the new pricing scheme put them back on the projected growth line. Just my 2 cents but what do I know :) As far as bad news with HLIT, even I can't believe that this company continues to surprise me on the bad side over and over and over....I will never think that "all" bad news are out with HLIT ever again....