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

To: Hiram Walker who wrote (2075)4/14/1998 10:48:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 4134
 
0.16/share donated to reserves for asian defaults. Still leaves .22/share operational loss, source unspecified. Expected number was -0.03 according to the yahoo profile. Well the market always needs a sacrificial lamb as it advances. Not a lot of institutional ownership left, so the fall may not be so brief and overdone as you'd expect. We'll see tomorrow!

Greg



To: Hiram Walker who wrote (2075)4/15/1998 3:42:00 PM
From: Mad Bulgarian  Read Replies (1) | Respond to of 4134
 
Grim it is, but the mkt seems to be shrugging it off... For once, they're looking 6-12 months out. I've noticed a pattern here with several tech stocks disappointing but the market doesn't clobber them like it would have last year. The current wisdom seems to be that we've turned the corner, and the big losses are in the past.


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