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

To: Dan B. who wrote (255)	1/29/2000 12:21:00 AM
From: George T. Santamaria	Read Replies (1) \| Respond to of 1658

Please read the fine print in the first news releases. It Reads: "This excludes non-cash charges for in-process research and development and the amortization of intangible assets".... . In another section it reads:"The net loss for the year ended December 31, 1999, including the non-cash charge related to amortization of intangibles, in-process research and development and the cost of the two warrants was $64.1 million or $3.11 per share. The net loss for the same period in 1998, including the dividend, was $47.1 million or $5.25 per share." TERN management cannot expect to cook the books and not wind up in jail, but they can really spin the news and this form of double-talk is perfectly legal!