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To: pat mudge who wrote (1662)	2/3/2000 12:15:00 PM
From: lml	Respond to of 2347

After I posted TERN's S-3 revelations, one fund manager wrote that the contradiction between that and what was said on the conference call was a clear indication of fraud. Yes, Pat. I indicated this as well, here, see Message 12712411 a well as on another board. Again, viewing the facts presented objectively, one can only conclude that the SEC is investigating this matter (unless they're utter bufoons, which they're not), and/or TERN's management is reviewing the same trying "weasle" their way out this predicament with their lawyers (unless they're utter bufoons, which I don't think they are either). No matter which way one's sees it, something is bound to "break" on this issue, & as an I investor in TERN shares, I would be greatly concerned.