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 : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: nghi vu who wrote (1146)	10/12/1999 5:48:00 PM
From: Srinivasan Balasubramanian	Read Replies (2) \| Respond to of 2347

TERN announces quarter results, also acquires Telegate for broadband telephony (voice over cable) and Radwiz for network IP routing for cable and xDSL. siliconinvestor.com It shipped 68500 modems and 321 headends for a revenue of 23.4 mln. Doing a comparison with CMTO's last qtr, CMTO did 21.5 mln on 62000 modems and 83 headends. It looks like TERN is selling their headends very cheap. Gross margins for TERN this qtr 28% vs 39.1% for CMTO last qtr. CMTO organically develops its broadband telephony while TERN acquires a company to get the expertise. TERN closed @42 and CMTO @ 13 3/8. Is the certification alone responsible for this disparity? -Srini