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Technology Stocks : Terayon - S CDMA player (TERN)
TERN 47.12+5.6%Dec 11 3:59 PM EST

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To: yellowfintuna who wrote (327)2/23/2000 6:30:00 PM
From: cfoe   of 1658
 
Is it pretty much agreed The 25 points was due to to profit taking and Gilder play?

That's a reasonable assumption, but your guess is as good as mine.

The thing that amazes me is that only after the run up do we get to hear these analysts who are said to have been touting the stock for the last year. I am not saying they weren't, but I have been holding TERN for almost a year and I certainly have not heard anyone but Gilder sing its praises.

If I was holding TERN in my IRA, I would be sorely tempted to sell some in anticipation of a pullback. Unfortunately it is in a taxable trust and therefore the tax bite would more than offset a very substantial dip. So I am in for the ride.
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