Harmonic, Inc. (NASDAQ:HLIT)
The Company designs, manufactures and sells products and systems that enable network operators to efficiently deliver broadcast and on-demand video services.
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Excellent new products, Large Demand, Maintaining Good Margins
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Exciting earnings and sector.
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Video, compression, and encoding, and re-encoding. I like the new CEO.
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Good news coming from a company that has done bad news in the past.
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Valuation is far too high for a company without profitability and slow growth. Even iff 2007 predictions for profitability come true p/e ratios will be through the roof and the company will not be growing fast enough to support such lofty ratios.
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IPTV is one of the hottest tech space and Harmonics is poised to benefit from this explosion!
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