Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Optmaster who wrote (122)	6/10/1999 1:43:00 AM
From: Harlock	Respond to of 1658

TERN has been trading well below its 50 and 100 day averages and is still well below its April and May highs. That said, if there is a 4 - 5 point pullback, I'm back in.

To: Optmaster who wrote (122)	6/10/1999 7:34:00 AM
From: marginmike	Respond to of 1658

What about Qcoms 58 pt move? It maintained its gains. CNXT moved 15% yesterday also?

To: Optmaster who wrote (122)	6/10/1999 9:07:00 AM
From: Bruce Jordan	Respond to of 1658

The market can make those statements. It does it all the time. The Qualcomm example is a good one. If you've owned your own company, then you know market capitalization is not tied exactly to the "true" value of your firm. If TERN does drop back at all, I'll be adding. As it stands, my average cost is still higher than where we are now (proof that I, for one, cannot time the market :-)

To: Optmaster who wrote (122)	6/10/1999 9:34:00 AM
From: Mr. Palau	Respond to of 1658

I don't disagree with you, having been a victim of that mentality myself on occasion. I do have a couple of responses, however. First, I was simply attempting to answer a question: what made the stock jump? Gilder's most recent newsletter seemed to be a contributing factor. Second, Gilder is not a pump and dump hypester. He looks for companies with disruptive/asendent technologies. He advocate buying and holding these companies. He first added TERN to his list of telecosm companies in December 1998; his June letter simply highlighted the company's recent achievements. Among his other recommendations are UNPH, QCOM, CNXT, BRCM, AMCC, ATML.

To: Optmaster who wrote (122)	6/10/1999 11:49:00 AM
From: P2V	Read Replies (3) \| Respond to of 1658

Optmaster, Surely there are some who hope to gain from "greed-mentum" .... But others do realize that Tern has a "lock" on a technology that is unmatched by, and needed by, an increasingly larger number of Cable Modem / broadband manufacturers. It's a question of how do we value this company, and when or if we feel that Tern is a reasonable investment, with a bright future. If I hadn't been too cheap to invest in GG's letter sooner, I would not be now buying at today's prices. Best Regards, Mardy.