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


To: pat mudge who wrote (1665)2/3/2000 5:25:00 PM
From: riposte  Respond to of 2347
 
COM21 Part of $40 Million Hyperchip Second Round Financing


Hyperchip Expands Second Round to $40 Million


2/1/00 Montreal-based Hyperchip has expanded its second round of financing to more than $40 million. The new investment comes from Vertex, an international fund with
communications investments that include Premisys Communications, Com21, and Transmedia; Advent International, a Boston-based fund with backing from telecom carriers NTT, KPN, and Sonora; and Vantobol Group.

These new strategic investors join Siemens Mustang Ventures, which has financed networking companies Sycamore Networks, Extreme Networks, and Accelerated Networks; Argo Global Capital, a Boston-based fund with backing from eight carriers including Deutsche Telekom and France Telecom; and TechnoCap. Hyperchip employees, including all of the
senior development team, are also shareholders.

Hyperchip will use the proceeds from this round to launch massively scalable petabit routing based on a parallel processing architecture. Hyperchip's petabit routing scales to 1280 terabits (1.28 petabits) per second, three orders of magnitude above the leading technology available today.


fiberopticsonline.com{28055383-D814-11D3-8C1A-009027DE0829}&Bucket=Latest+Headlines



To: pat mudge who wrote (1665)2/3/2000 8:30:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 2347
 
pat:

What sort of independent evidence would be most likely to come forward?

Perhaps independent is the wrong word. A simple transcript or recording of the call will do, preferably direct from TERN. I'm not one to rely on analyst comments.

And what does the "if" rest on?

As I said before, if any officer of TERN stated a material fact on the call and then reversed it in the filings, we have a case. I've read the filings, now I want to hear the call. I'm trying to get a copy right now.

Charlie