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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (10594)	11/18/2002 4:27:59 PM
From: Trumptown	Read Replies (1) \| Respond to of 13660

Funny how that works: >>Buying some HLIT here near 2.20,,,looks like there was a seller that wanted out and drove it down on low volume! -looks like just a blip and it may get back on upward trend line- Weekly chart looks good...<< biz.yahoo.com Press Release Source: Harmonic Harmonic Announces Dismissal of Securities Litigation Monday November 18, 4:05 pm ET SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 18, 2002--Harmonic Inc. (Nasdaq:HLIT - News) today announced the dismissal with prejudice of securities litigation against Harmonic and certain of its current and former officers and directors in the United States District Court for the Northern District of California. The dismissed claims alleged that Harmonic had violated securities laws by making allegedly false and misleading statements regarding Harmonic's prospects and customers and its acquisition of C-Cube Microsystems, Inc., which closed in May 2000. The ruling is subject to the possibility of an appeal by the plaintiffs. Harmonic and its officers and directors were represented by Morrison & Foerster LLP.