Terayon - S CDMA player (TERN) Message Board

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Technology Stocks : Terayon - S CDMA player (TERN)

TERN 26.31

+0.8%

Nov 21 9:30 AM EST

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To: A. Frank Ackerman who wrote (46)	1/27/1999 2:52:00 PM
From: Bernard Levy	Read Replies (1) of 1658

Hi Frank: I do not know if you are looking for bulls or bears, but both categories are well represented on this thread. As one of the bears, I would like to draw the attention to the following short article in Broadband Week: multichannel.com The bottom line is that TERN had $31M in revenue and $23M in losses last quarter. This may seem normal in the current Internet hype atmosphere, but telecom equipment manufacturers are expected to make money (god help AFCI, PAIR, SFA, or GIC if they showed such ugly losses). The new stock offering suggests that insiders are eager to cash in on the Internet craze. I would be really amazed if TERN is still around 2 years from now. Best regards, Bernard Levy

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