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


To: Scotsman who wrote (1898)1/25/1998 5:14:00 PM
From: Hiram Walker  Read Replies (3) | Respond to of 4134
 
Scotsman,
here is a blurb about 21st Century in Chicago, the company HLIT is making a WDM,analog,digital system for.
PR 101: Here's a tip for Chicago cable overbuilder 21st Century -- don't schedule big press briefings during quiet periods. The company, along with partners Sun Microsystems and STR Inc., held a one-day briefing, billed as "a major telco/ISP press event," Jan. 14 in the Windy City, attracting reporters from as far away as sunny Silicon Valley. But when Steve Lee, a 21st Century senior exec, kept dodging questions, he finally blurted out that the overbuilder was trying to raise about $190 million in bonds and, as such, that it was in a quiet period. Sun's PR hand, Paula Phelan, was quick to whisper that Sun was unaware of the quiet period when the event was scheduled.

Well,they are trying to float a 190 million dollar bond,I hope it flies(or hope it doesn't attract them).
Well they have great technical experience,and are attacking a huge market,against the weakest cable imcumbent(and most vulnerable,TCI).
Tim