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


To: Mark Oliver who wrote (2611)1/16/1999 12:18:00 AM
From: Marc Wester  Read Replies (1) | Respond to of 4134
 
Harmonic has actually performed quite well over the past few months. The poor performance over the last two years was the fault of the company and the cable equipment market. The action of this past week suggests that smart money is moving into the stock. There will always be some selling when a stock jumps 20% in one day but as I see it either HLIT or the company that buys them will do a ton of business this year. Go back and check on management's comments at the last earnings CC. They will definitely be profitable this quarter and the current earnings estimate is 0.01.
-M