To: pat mudge who wrote (1581 ) 1/24/2000 10:25:00 PM From: Hassell Anderson Read Replies (1) | Respond to of 2347
Pat, You certainly have done a great deal of research to accuse TERN and its co-conspirators of some kind of scam. While what you have "exposed" is certainly plausible, it is also sensational. I don't I have any mysterious source in TERN's "middle management" as you claim to have. However, another plausible conclusion to the "information" you have put out is simply that Rogers and Shaw were pleased with TERN's products and thought the company would therefore be a good investment. Also, maybe the guy who left Cablelabs to join TERN liked their business prospects. While boring and less satisfying to CMTO shareholders, it doesn't require a vast conspiracy to be closer to the truth. BTW, you can add WR Hambrecht to the list of analysts who are either "in collusion or brain dead":www3.techstocks.com Your efforts seem to have struck a nerve with the folks who follow CMTO on this thread and who are envious of the recent run in TERN's stock. However, I don't think the cable modem biz is a zero-sum game at this point. TERN doesn't have to lose in order for CMTO to win. That's why I own both CMTO and TERN (not to mention NT). Ignore the market at your own peril, and right now the market is saying TERN is more valuable. Based on the level of effort you have made to "expose" TERN et al, my instinct tells me that you are not disinterested in the direction of TERN's stock. If you are the same Pat Mudge who was recently quoted in the WSJ, it wouldn't surprise me a bit if you had something to do with that WSJ piece attacking TERN:www3.techstocks.com TERN shorts are feeling a lot of pain. Hassell P.S. My apologies to other followers of this thread for cluttering it up with more TERN talk. However, I thought it worthwhile to take a critical view of some of the anti-TERN discussion.