Terayon - S CDMA player (TERN) Message Board

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Technology Stocks : Terayon - S CDMA player (TERN)

TERN 22.55

+8.8%

Nov 14 3:59 PM EST

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To: Michael Power who wrote (200)	10/13/1999 2:44:00 AM
From: Marc Schiler	Read Replies (2) of 1658

Terayon CEO Zaki Rakib stated, ``Terayon had an outstanding quarter by any measure...." Any measure?!?! Loss was $1.16 per share if you count special circumstances. That's one measure which isn't outstanding. TERN is able to lose large amounts of money on ever increasing revenues. I don't think this is going to impress anyone in a positive way. I hope I'm wrong. (I'm long, but on the downside of where I purchased by quite a bit.) Zaki thinks things are going really well because Zaki is getting paid large amounts while the company loses money. You might argue that this is acceptable in internet firms gaining market share, but it seems that hardware firms are actually expected to make money. Please tell me I'm being pessimistic. Regards, Marc Schiler

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