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


To: A.Sharez who wrote (2047)4/5/1998 8:34:00 PM
From: Hiram Walker  Read Replies (2) | Respond to of 4134
 
A Sharez,
I got this response from someone,I can't prove or disprove it.

BTW: Did you also see soundview buying up stock like crazy in the past few weeks, pushing the price from $12 -> $15 ?
Bear Stern and Fidelity were also very active buyers around $14

I wouldn't be surprised if in the near term one of these guys change their recommendation to buy or strong buy, pushing up the price even higher.

If this is true, it follows a pattern of analysts,Kevin Slocum from Soundview downgraded this company with UNPH about 6 months ago,now they are buying up the stock cheaply,probably ready to upgrade it? Seems logical market activity to me,but just a hypothesis.
Tim