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Technology Stocks : AT&T

T 24.65

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Dec 26 9:30 AM EST

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To: ajs who wrote (2561)	6/10/1999 10:59:00 AM
From: Jenne	Read Replies (1) of 4298

Stephens Inc.'s Corcoran on Terayon Stock Rise: Analyst Comment Bloomberg News June 9, 1999, 11:11 a.m. PT Santa Clara, California, June 9 (Bloomberg) -- The following are comments by Stephens Inc. analyst John Corcoran about today's stock rise in Terayon Communication Systems Inc. Corcoran attributes much of the stock's rise to an article that came out last night about the cable-modem seller in an industry newsletter called ''The Gilder Technology Report.'' ''This is a small-cap, under-followed company.'' ''It's possible the Gilder report introduced the stock to a new group of investors.'' ''It's a glowing report. It's called 'Will AT&T Survive Terayon?' '' ''There's nothing new in the article: nothing that I and other analysts haven't said. But it could be new to some investors.'' The company's cable modems ''work at a faster speed and transfer more data. They use S-CDMA technology while the rest of the world uses TDMA.'' ''Terayon has built a better mousetrap.''

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