Jetter,
I agree with Mr. Gilders article. Regulation of information should end. Criminal activities would still be illegal.
Without going back to look...I think your questions largely wonder about purposeful criminal activities within Terayon. Answers to those questions of a TERN negative nature, would require damning evidence. If you had such evidence, I believe you'd post it. But instead, I expect more inconclusive suspicion to be cast in the near future, rather than damning evidence.
In this regard, I recieved in a PM from Pluvia a message indicating that he is aware of a Feb. 20th letter to TERN from Cablelabs which offeres examples of TERN's suspected deceit. I allowed back that TERN didn't promise to put up ALL the letters... but that obviously Cablelabs conclusion is the most significant result.
Aside from all that, one thing TERN has going for it besides S-CDMA is their DOCSIS approved modems. This gives them a path to the future in the US if in fact S-CDMA continues to be largely rejected here. And there S-CDMA sales elsewhere and overall are already surprising folks. In any event, the their US future is hardly as bleak without S-CDMA Docsis inclusion(barring talk of margins on the modems, and such) as depicted in this "report" from Pluvia:
Message 13461957
"From the "overview" section, as follows(bolding and italits mine):
"While the vast majority of the cable modems installed in the United States are based on a technology called TDMA (time division multiple access), Terayon's products are based solely on a technology called S-CDMA (synchronous code division multiple access).
"Cable companies and cable equipment manufacturers in the United States have formed an industry consortium called CableLabs, of which Terayon is a member. CableLabs is responsible for developing and certifying a technology standard for cable modems and for cable headends. The purpose of the standard is to create a common technology platform by which all manufacturers will abide. CableLabs' standard is called DOCSIS, and substantially all US cable operators have endorsed the use of DOCSIS in cable headends and modems. In order to sell a material quantity of cable hardware in the United States, therefore, a manufacturer must develop a DOCSIS-compliant product.
"Without standardization, Terayon is left with a proprietary technology, (S-CDMA), that none of its competitors use and that has almost no market value in the United States. Eighty-six percent of the cable households in the US are served by only eight cable companies. Each of these companies has adopted DOCSIS and will purchase and deploy DOCSIS systems."
Imagine, THIS, coming from a guy who, while criticized for his often ugly words and methods, never-the-less has offered ultimately credible research exposing numerous serious wrong-doings. Many have suspected he skirts the law with his short selling- given his apparent inside knowledge of the class action lawyers and lawsuits to come- but all seems to have passed the legal tests to date. All I know is he is a grown responsible guy offering information that many expect to be credible despite his ugly words at times- some followers count on that credibility.
What's worse, here's a guy who- prior to posting the above- has criticized TERN's potential margins on their DOCSIS certified modems, because they use chips that are made by another firm- as does much of the competition, by the by. Well, sure, he had a right to criticize TERN's Docsis modem margins. But not the right to lie about their "products" in his piece above, IMO.
Message 13400297
"TERN MAKES NO DOCSIS MODEM - THEY JUST RE-SELL A TURBONET REPACKAGED MODEM... ...
and the margins are terrible?"
It's so clear that not only is he responsible enough in undertaking his actions here to have a little knowledge, but that he also HAD that knowledge, IMO. Yet he writes a treatise as above, indicating that "Terayon's products are based solely on a technology called S-CDMA (synchronous code division multiple access)," which is plainly false given the DOCSIS certified modems TERN offers, and then goes on to spell out their demise in the US if their other S-CDMA products aren't approved. --"Without standardization, Terayon is left with a proprietary technology, (S-CDMA), that none of its competitors use and that has almost no market value in the United States"
It's just as if he didn't know they offer DOCSIS products already, but clearly he did. I can't get over it. It's amazing. It's more than reprehensible, IMO. It's not a matter of opinions, it's a matter of fore-knowledge of a fact which he tells an out and out lie in his premise, IMO. DANG! The truth of this is so readily available on TERN's site and/or by clicking the NEWS and finding the release concerning the DOCSIS approval for TERN's modems- WHICH they began selling through the NYC "The Wiz" electronics stores as per yesterdays news...
Oh well, I know how I feel about his "report." As you all know, I don't trust his suspicions concerning TERN. If it wasn't clear before it's clear now-- he'll go out on a long limb to without care for fairplay, to further prospects for his admitted short position, IMO. I long ago decided to make my own investment decisions, and I sure wouldn't want to follow a guy like this- even if it is profitible.
Freedom Works,
Dan B |
