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


To: srvhap who wrote (2486)9/3/1998 6:28:00 AM
From: Hiram Walker  Read Replies (2) | Respond to of 4134
 
svrhap, well both,I bought a little more at 8,I got most at 11,13,and way back at 19. So my average is 14,and I still think that is cheap. Well HLIT has given me the finest education in fiber optics and DWDM I could get. You know when you have money at stake it makes you learn all the more. But I do not expect a quick recovery,this stock only moves on earnings. If you wanted to play a rebound,pick a large stock like LUcy or CSCO,or some other where the mutual fund money will flow back in. I am 50% or so out of the market,I expect to be 75% out very shortly. I do not expect to buy stocks over the next decade,that the technology does not interest me,and that I wouldn't want to buy the whole company out if I could. So I am no longer an investor,but someone looking like Tolstoy for knowledge,and through that knowledge meaning,and from that meaning truth.
You know to be a good investor is counterintuitive to living intelligently. I need all my brain cells,what little I have to get a Master's in Computer Science in the near future.
The tide is turning for little HLIT,too bad New Media weighed the ship down,and it is too bad people cannot see this company as valued at more than 100 million. Geez,they do almost that in sales,and engineers do not come cheaply,they have 300 or so employees.I wish I had the capital,maybe I would put a bid in to buy this company. But I hope they would reject it,and stay independent.
Tim