Aug. 14 at 3:36 PM
$HLIT— how long before the market realizes Harmonic may have just cleaned itself up for a takeout?
They sold the Video business for
$145M cash.
What remains?
→ Pure-play Broadband
→ cOS + DOCSIS + Fiber
→ Cleaner balance sheet
→ Simplified operating model
→ Strategic technology + major operator relationships
The messy conglomerate story is gone.
Now tell me why a larger networking player like
$CIEN shouldn’t be running the numbers on this.
At the right synergies,
$20+ looks very easy to justify.
Sometimes the market rerates the asset.
Sometimes someone else buys it before that happens.
