SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : COM21 (CMTO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zbyslaw owczarczyk who wrote (1940)3/12/2000 7:05:00 PM
From: lml   of 2347
 
Excellent find, z.o.

The article reiterates many of the debated points expressed here on this thread over the past month. The conclusion I have made, and also expressed by the article you reference, is that TERN investors run a serious risk of seeing the value of the investment drop precipitously as the longer term future of S-CDMA technology over the cable platform become more clear.

The evidence of insider sales supports this hypothesis. A prudent investor must not only assess growth prospects and value when investing in a company, but also the risks associated the investment as expressed by current expectations reflected in the stock's current price. IMHO, an investor in TERN can only consider himself lucky at this point, & not necessarily prudent. His prudence can only be determined by his decision to bail before the rug is pulled out from under TERN & its shell-like S-CDMA fortunes.

I think Zakib recognizes such risks going forward, which is why he has shrewdly taken steps to diversify TERN's efforts into other broadband areas not dependent upon S-CDMA technology. Unfortunately, he has been less than truthful to his shareholders on this issue. Only the prudent investor is able to assess the risks of continuing to hold TERN. Regardless of the protections afforded by today's Federal securities laws, the old common law rule of caveat emptor can never be discarded.

Thanks for posting the article.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext