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


To: bcolohan who wrote (326)2/23/2000 4:26:00 PM
From: yellowfintuna  Read Replies (2) | Respond to of 1658
 
Cannot seem to find any neg. news. Is it pretty much agreed The 25 points was due to to profit taking and Gilder play?



To: bcolohan who wrote (326)2/23/2000 6:38:00 PM
From: George T. Santamaria  Read Replies (1) | Respond to of 1658
 
Hogs do gain weight very fast. When they get to a prime weight then its time for slaughter!



To: bcolohan who wrote (326)3/3/2000 9:00:00 AM
From: Manx  Respond to of 1658
 
Friday March 3, 8:31 am Eastern Time

Company Press Release

SOURCE: WR Hambrecht + Co

WR Hambrecht + Co Reiterates Market Outperform Rating
for Terayon, Increases Price Target to $300

Broadband Supplier Projected to More Than Double Revenues in 2000

SAN FRANCISCO, March 3 /PRNewswire/ -- The following is being issued by WR Hambrecht + Co, a member of the National
Association of Securities Dealers, CRD number 45040:

WR Hambrecht + Co, the online investment bank, today increased its price target for Terayon (Nasdaq: TERN - news) from $200 to
$300. eNetwork Infrastructure analyst Tim Savageaux cited Terayon's continued financial momentum and attractive relative valuation as
reasons for the increased price target.

``We believe Terayon continues to demonstrate a strong current pace of business, and its transition from pure play cable modem supplier to
integrated broadband access systems vendor is likely to significantly broaden its market presence,' Savageaux said. ``We believe market
concerns about the company's cable modem standards process and its relationship with Rogers Communications is overdone. We believe
this presents a buying opportunity for investors.'

Savageaux projects Terayon's total revenues to reach $229 million in 2000, up from $97 million in 1999.

Terayon Communication Systems develops, markets and sells cable modem systems that enable cable operators to cost-effectively deploy
reliable two-way broadband access services.

About WR Hambrecht + Co

WR Hambrecht + Co (www.wrhambrecht.com) is an online investment bank founded by Silicon Valley pioneer Bill Hambrecht. The
company is dedicated to leveling the playing field for investors by using technology to provide transparency in capital markets. The firm
leverages its expertise in the technology arena to find early investing opportunities for its clients. WR Hambrecht + Co is active in investment
banking, electronic brokerage services, private equity, mergers and acquisitions advisory services, research, trading and electronic
underwriting through its OpenIPO system.

SOURCE: WR Hambrecht + Co

More Quotes and News:
Terayon Communication Systems (NasdaqNM:TERN - news)
Related News Categories: banking, internet, telecom