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


To: Hiram Walker who wrote (2405)7/23/1998 7:47:00 AM
From: PaperChase  Read Replies (2) | Respond to of 4134
 
Tim,

There is too much speculation in this stock price given declining reveunes and continued losses. Perhaps the pending ATT/TCI deal will keep speculation going about increased sales but I don't see that merger coming together for about 8 months and there may be a delay in purchases by TCI after the merger until they can get a clear direction on who will be in charge and what platform they want to move to.

If the Telecom area wasn't hot right now in this market, then HLIT would be around $8 to $9.