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

To: Daniel Simon who wrote (4094)	6/28/2004 10:43:49 AM
From: Czechsinthemail	Read Replies (1) \| Respond to of 4134

Harmonic is coming into the seasonally strong part of its business year. Beyond that, there is growing demand from telecom and broadcast companies on top of its cable and satellite customers. As revenues pick up, margins should improve, increasing earnings visibility. The transfer to digital video, video on demand, HD video and FTTP along with increasing competition between cable, satellite, and telecom should all be supportive for HLIT. Today, Schwab Soundview upgraded HLIT from Neutral to Outperform with a target of $12.50. I think it has a good chance of exceeding that target.