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


To: Mark Oliver who wrote (2696)4/20/1999 6:52:00 AM
From: Hiram Walker  Read Replies (1) | Respond to of 4134
 
Mark, through Vulcan Ventures Allen has a fairly substantial stake in HLIT. I have to look it up,but I have been told this by a few brokers recently. Mark the selling it light,and by small share lots,its not really anyone unloading shares,as much as little people panicking before earnings. Remember everytime they had earnings the stock dove,its ingrained in people's minds. Also HLIT and ATHM's stock have been mirroring each other,probably due to what Tony Ley said last year,where ATHM goes,HLIT will also.
The reason I posted the Allen article was to show that we are NOT tied to ATHM. We have RCNC,Charter,Comcast,Rogers,Cox,and TWX as client companies.
The selling is light,lets shake all the weak hands from the trees,so that this baby can fly. The secondary is coming soon,I hope it is on agenda.
Tim