Fusion Investing Portfolio constituent Harmonic Inc. (HLIT) turned in a solid quarter. The market rewarded this video delivery darling with a 12% thank you very much, HLIT closed at $6.93.

Harmonic Inc is the Grammy winning gold standard in video processing. Shares are down due to falling earnings resulting from customer’s cautious capital spending.

Definitive agreement to buy Scopus and a quick review.
$5.62 in cash for each outstanding share of Scopus, representing an enterprise value of approximately $51 million, net of Scopus’ cash and short-term investments. …is expected to close in the latter part of Q1.
Q3 2008 Results and the earnings transcript.
Excellent earnings growth.
Lots of growing cash, being sensibly deployed I hope, fingers crossed. The Scopus (SCOP) purchase represents around 17% of cash at end of Q3 293.41M
I own Harmonic as does Fusion Portfolio. This video on demand (VOD) pig gets to continue to …

Anyone interested in the volatile technology stock of an Emmy award winning company? If so, I may have the company for you.
Thesis
This Emmy Award winning company delivers the best arms to the video on demand war lords. They are a classic pick and shovel provider. On a GAAP basis they entered profitability in Q3 2006 and their finances have shown continuous improvement since then. They appear to have mastered cost management and have diversified their segment internationally and their customer base. This has shown up in increasing revenue and …