Harmonic Knocked Down 7.8% by Order Delay
Harmonic
(HLIT) - Get Harmonic Inc. Report
was down 7.8% in preopen
Island
trading after it became the latest communications equipmentmaker to announce that revenues would be hurt by
AT&T Broadband's
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decision not to accept product deliveries for the rest of the year.
On Friday, several companies -- among them
Antec
(ANTC)
and
Scientific-Atlanta
(SFA)
-- said they would be harmed after AT&T delayed orders for budgetary reasons.
