Harmonic, Inc. (NASDAQ:HLIT)

high in net cash relative to market value

Long-time support/resistance at $4. May drop below, in which case I would buy more shares... Holding for an eventual breakout of $12 resistance level and the parabolic rise to likely follow.

gamble from seeking alpha

Technical Monthly and UL pitch

I just dont see a better entry point being all that likely....

Solid financials and good play on technology demographics. Also, with increased competition, will become a buyout option for larger firms...

Harmonic Inc. appears to provide a technically broad and elegant video infrastructure and applications platform for video content creation, storage and deilvery over multiple transmission protocols and disparate video devices. I believe their Enterprise App approach for Media outlets of all types and sizes make them more than just a niche provider of limited types of video content management or limited support of broadcast media transmission protocols. Media is expanding to many forms of visual displays, user devices and electronic appliances outside traditional forms that businesses, employeess and consumers have become accustomed to.

new products no debt new customers seems to be more sales in old markets also

growing industry, inexpensive services to public. I don't see unemployment or poor economy affecting this.

The recent aquistions,over pass 18 months or so,will in turn be very positive additions going forward.Revenue growth should show continuous improvemt thru out 2010.Developmt of new products ,another plus.

3CmbA,200A,C2N

Growth Industry - Ondemand
Good expected Growth

insider buys. chart trend.

bullish.

Harmonic has accelerated innovations in its product line through strategic acquisitions. The result is higher demand for its products which now carry higher margins. Its new CEO, Patrick Harshman, has shown he has the savvy to take this company to an whole new level.

Cable spending holding up better on relative basis than teleco's; video delivery play beaten up too much by the market -grower with attractive metrics for new buyers around $6 - 20% historical ROE with forward p/e roughly half. Strong balance sheet - likely cheap here for patient longs unless they make a poor (i.e. non-accretive acquisition) in the next year.

I love the HDTV rollout and HLIT will be major player in this area.

I also agree that this is a good company - Good financials. However at this point, with all the fear in the market, if it's not gold, if its not oil, this stock is going down.

Buy at $8

Less than one billion $ company in the growing on demand market - has a high short ration of 12 days - if performs a short squeeze could develop.