George, I don't get it...Tern's latest says they are pro-forma positive on earnings, ahead of schedule. Care to reconcile?
Also, I felt a part of the latest PR ought to be obvious here...it may shed some light on prior discussions.
>>SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 24, 2000--Terayon Communication Systems, Inc. (Nasdaq: TERN) today announced that Excite@Home, a leading broadband Internet Service Provider (ISP), has given its Level 2 approval to Terayon's TeraJet(TM) cable modem which is based on the DOCSIS (Data Over Cable System Interface Specification) cable modem standard. Excite@Home gave this approval after conducting rigorous testing to ensure that TeraJet provides reliable, high-speed broadband Internet service over cable television networks that use the Excite@Home service, and to verify that the modem is interoperable with other DOCSIS-based cable modem equipment.
"We are pleased that our TeraJet cable modem has been officially approved by Excite@Home, a key broadband service provider," said Terayon CEO Zaki Rakib. "This is the latest industry recognition for TeraJet, which has also earned CableLabs(R) Certified(TM) status after undergoing extensive tests by CableLabs to verify that it meets the DOCSIS cable modem standard. We believe that these industry approvals will enhance our efforts for deployment of our DOCSIS-standard products with Excite@Home affiliates."
"We commend Terayon for earning our Level 2 approval for its TeraJet cable modem," states Jay Rolls, vice president of network engineering for Excite@Home. "As our cable operator affiliates deploy increasing numbers of DOCSIS cable modems, it is vital that they select modems that reliably provide the high-performance necessary for subscribers to enjoy the broadband experience." ...
...TeraJet is Terayon's first DOCSIS cable modem and the company is committed to developing a broad line of DOCSIS modems and headends. As part of this commitment, Terayon has been working closely with CableLabs, a research and development consortium of cable operators, to develop specifications for a next-generation advanced physical layer extension to DOCSIS, which will be compatible with prior generation DOCSIS system"... <<
Dan B |