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


To: nghi vu who wrote (3958)12/27/2000 1:35:25 PM
From: pass pass  Read Replies (1) | Respond to of 4134
 
The merger with Divicom has been a real bad deal because the encoder business is already saturated. However, the fiber side will look brighter again. HFC, FTTC, FTTH are not going away. HLIT has the brain power in these areas. So longer term (6 months to a year), this stock will be OK.

Near term, MSO spending is cyclical and beyond equipment vendors' control. At $6/share, it's quite near HLIT's historical low. Since they've been there and done that, I have no reason to believe that this time will be the end of story for HLIT.