By the way, as you rallied the shorts with TERN priced in the 80's or so, only to bail quickly(prior to this great and widespread fall to your favor), you could have sold CMTO short instead. I can't believe you listened to that Mudge gal's hysterics, Tern is about 1/10th to 1/15 of its former price, while CMTO is about 1/30 to 1/50 of its former price. The oft decried chasm between the two is greater than ever in Terayons favor! A good sign, but my frigging cable provider says it is offering 1.5gb service now- and for only perhaps 20 bucks more than it costs to keep a full slate of movie channels, as they are offering "all they have" for $99 per month. Meanwhile, without a subscription, I gather that Gilder touts a company out east somewhere that multiples thru-put on cable some 4 times. Former CMTO chief technology officer and regular S.I. thread member Mark Laubach long ago went off with a company claiming 10 times(something S.I. technocrats clearly seemed to assure me couldn't happen soon if ever, on cable).
If this keeps up, something may emerge sooner than I recently imagined, that is VERY fast and cheap indeed...obviating much of the recent past as broadband becomes truly abundant(as Gilder would say), used by untold millions, and offers perhaps millions of video "channels" to potentially over-rule network TV content wherever available. After that, time and technology will march on as,
Freedom Works,
Dan B
P.S. Sorry if I'm repeating myself somewhat, again. |
