lml,
Firstly, I have never held either stock. Why is TERN listed in my profile? It caught my fancy in the Gilder Tech. Report, and I successfully paper-traded my way to riches with it's fluctuations(Big Grin). I MAY have to own tern yet. It's an underdog. It's got abilities the none of the comptetition has. Gilder wrote about it long before it came public- and he offered healthy DOUBT it would ever amount to anything.
So you still aren't clear on hybrid fiber/coax vs all coax plant?
Neither am I. But I'll tell you this. I've heard a number of very knowledgeable threadsters STATE that Tern's S-CDMA has no advantage when used over HFC, without providing adequate rhyme nor reason for saying it. I'm not going to accept that notion blindly, THAT's for sure.
I know from reading the WSJ's somewhat anti-tern article that Cablelabs will "probably" include S-CDMA in a future DOCSIS. That's what it said- presuming TERN cares to produce a backwards compatible modem. You and I might not understand why S-CDMA "should" be included, but apparantly 2 of the five votes that count are ready to put it in now. Those guys presumably have an edge over our understandings concerning these issues, and I just recommend realizing what's been said there- even if you aren't yet clear why it's been said.
So, backing up a sec. and considering that TERN tech. successfully delivers broadband internet on older all-coax cable plant, which the competition can't do, why would I assume that S-CDMA is somehow inferior, or only equal when used over better Hybrid cable plant? Seems unlikely going foward, IMHO, and this is a plus for Terayon marketing right now, it's obvious. CDMA seems to be winning in the air. Why it would be practically valueless beyond "old plant" in cable internet deployment, is something that I just have not heard explained to my satisfaction.
You ask, " Is such technology necessary to the "Open Cable" platform?"
Not as far as I know, it isn't. It just does make some sense to me that it doesn't take much af a transition in technology to assign a code to each service provider, on an already CodeDivisionMA system. I'm sure this is overly simplistic..but probably accurate on the whole.
I think this HFC upgrade path started here in the USA before we'd ever even heard of TERN. Cable Co's weren't aware a tech. would come along that would make cable plant upgrades prior to internet deployment, unnecessary. And for the moment, TERN revenues are increasing even faster than CTMO's. Who knows what tomorrow may bring?
Dan B |
