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


To: Dan B. who wrote (310)2/18/2000 8:59:00 PM
From: dday  Read Replies (1) | Respond to of 1658
 
Exactly.

TERN, which I now ordain as the new "Mr. T" , simply blew away all analyst estimates a few weeks ago. The 30 point move immediately after earnings release from 65 to 105 was surely a sign that this stock had 'runaway' potential. When you blow estimates away and are 9 months ahead of plan, something must be going right.

I do not know whether Mr T is a potential broadband to the home 'gorilla or king' (certainly BRCM is a strong entry in the cable modem market) but I do know that they are in a super market with a great product and are executing.

The acquisitions Mr T recently made will enable them to expand into what one analyst recently wrote (and I believe it was repeated on CNBC tonight) is a literal "Broadband Supermarket". With a rich currency now in hand and, hopefully, the first of many stock splits announced, only time will tell.

For those of you who do not subscribe to Mr. G's technology report, I say go to the site and pay the man. I have been over there for 1 1/2 years and the $295 is the absolute best money I have ever spent. I know you can pirate the report shortly after release, but if Mr. G is not profitable, then there would be no report and we will all be at a loss. Hey, they even give you a free book when you sign up and access to the archives which date back over 2 years.

By the way, he first recommended Mr. T back in December 1998 and the stock was 35.00 or thereabouts.

For the record, I am long Mr. T ( I know---- no clue Dick Tracy) .

Regards

Bob