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

To: lin huan chen who wrote (1977)	3/14/1998 3:09:00 PM
From: Hiram Walker	Respond to of 4134

Lin, there are no leaders here,just comrades,and compatriots. We are all equal here,and exchange our best views freely. Well does cable companies market value,and prices have any correlation to reality? No,not really,it is the perceptions,hopes,and emotions of investors that have driven new entrants to dizzying heights. Will the cable companies begin a large upgrade this year? Well I think they will once they have exchanged property,and have a clear view of what the FCC is doing. I expect to see much more spending on infrastructure in the second half of the year,not only here,but in Europe. As far as ADCT is concerned, I do not follow them,but I know they are working with a small start up named Phasecom,which has ties to Israel,and that these 2 companies have contracts with cable companies there. Lets hope, once the dust is settled,that HLIT is no longer considered a small company. Tim