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


To: Ed Forrest who wrote (1815)12/23/1997 2:12:00 PM
From: lazar921  Read Replies (1) | Respond to of 4134
 
ED...the lows may be writeoffs due to the dumping it took a few months back on the bad earnings...I will be running some TA on it tonight, which includes Candlesticks, Bollinger Bands and RSI as indicators.
I have a huge position in this at a higher cost basis (pre-warning) and have not averaged down yet, because it hasn't given a clear signal. It seems to be nearing a buy here. Coupled w the technicals, given a good qtr and new products 1st Qtr, bottom fishing and Jan effect should all help us out. I will post analysis asap.
Jeff