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Technology Stocks : COM21 (CMTO)

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To: jeff greene who wrote (1042)	9/12/1999 9:37:00 AM
From: J Fieb	Read Replies (2) of 2347

Anyone in the biz, who can tell us what TERN is up to.... What's Tern up to? Seems far from Cable modems? Imedia is cherry-picked Imedia, a small start-up company which only just shipped its first products in March and has only ever done US$4 million in business has been acquired by Terayon Communications Systems for US$100 million. Perhaps Terayon's attention was caught by Imedia's CherryPicker product line, which enables cable and satellite operators to pull channels out of a multiplex for local ad and programme insertion. The CherryPicker can then remultiplex a channel line-up catered to local markets - all in the compressed domain. The product sells for a fraction of the cost of the statistical multiplexers needed for such tasks in the uncompressed domain. And, since it works directly with compressed video, there is no generational loss. "We had lost the ability to control local content," says Imedia's chief operating officer, Steven King. "We give you back that flexibility." The CherryPicker is being used by the Swiss cable operator CableCom. To date the company has shipped 100 units to such customers as Cox Communcations, Time Warner Communications, Adelphia, Canal+ and EchoStar.

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