Terayon - S CDMA player (TERN) Message Board

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Technology Stocks : Terayon - S CDMA player (TERN)

TERN 27.17

+6.3%

2:56 PM EST

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To: Robert Scott who wrote (87)	4/14/1999 4:59:00 AM
From: jay silberman	Read Replies (1) of 1658

IBD writeup: Date: 4/14/99 Terayon Communications Systems shot up 6 5/16 to 53 1/4, clearing an 11-week base on four times average volume. Terayon provides cable operators with modem systems that support high-bandwidth applications like full-motion video and voice traffic. The company came public in August at around $13 a share. It has yet to turn a profit, but sales have surged over the past five quarters - from $700,000 to $1.4 million to $2.4 million to $6.9 million to $9.4 million to $12.9 million. Cable companies are upgrading systems to provide Internet service and other data communications. Terayon's technology ''has advantages on cable systems that have been upgraded, and it's the only system I know that can be deployed on systems that have not been upgraded,'' said Jeffrey Lipton, an analyst at Hambrecht & Quist. - Loren Fleckenstein -------------------------------------------------------------------------------- (C) Copyright 1999 Investors Business Daily, Inc. Metadata: IFIN TERN I/6411 I/4890 E/IBD

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