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


To: Phaedrus who wrote (1890)1/23/1998 12:14:00 PM
From: lazar921  Read Replies (1) | Respond to of 4134
 
Phaedrus...I agree...last qtr when it dumped from 16 to 11 overnight the vol was HUGE...so i would say most selling is out. We all knew of the aqc/diluted earnings. It appears oversold technically, and if you remember,in Oct it went from that low of 11 to 14 3/4 within a week...the down this time wasn't close in terms of vol or price. I would say most of the sellers are out and technically and fundamentally things can only be better. I plan to trade off the bottom....i also have a cost basis of 16 prior to first earnings scare in Sept.
Jeff