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Technology Stocks : Terayon - S CDMA player (TERN)
TERN 28.06+6.7%3:59 PM EST

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To: Bernard Levy who wrote (275)2/10/2000 2:20:00 PM
From: Dennis O'Bell  Read Replies (1) of 1658
 
Re Gilder: Being a guru, like running a 3 star restaurant, is a
performing art and they're only as good as their latest performance :-)

Still, I finally subscribed last summer to find out what the
noise was about and have to give him credit for having a real
talent as a popularizer, even if his newsletter has a kind of mystical faith
component. As an engineer, I'm more at home in refereed
technical journal articles with references than in the subjective
world of stock picking, let alone telecosmic revival meetings.

To put this in my perspective, if he were discussing biotech,
I would have no interest because I would not be capable
of judging what he talks about. It's precisely that I
do understand the technology he discusses that makes his
monthly "distillation" interesting.

Back to the subject of Terayon - my first impression on
hearing of what they were doing was that they'd found a
way of using CDMA to combat the (usually weak) nonlinearities
in the cable plant. I don't know why, but it seemed like that
would be a cool idea.
But now that I'm learning more, I'm not so sure it works
better than other schemes :-(
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