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

To: peter grossman who wrote (2073)	4/14/1998 9:58:00 PM
From: Hiram Walker	Read Replies (2) \| Respond to of 4134

Peter. sometimes its better to have never had earnings,than to have had them. Well, as expected a loss,and a transition,did you forget the 3 large shipments that were delayed,or the huge buildout for TCI just undertaken with ANTC for 14 major cities in the U.S.? The problems were with their new clients,CVUS and 21st Century,I believe. Both have been trying to raise capital to build their networks. THe other thing is their huge international sales may have come back to bite them. Hong Kong looked great a year ago,as did Asia,things changed quickly there. Well this quarter should be very big,as should next quarter. Time seems to be against the tech sector,as does earnings. Tim