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


To: bcolohan who wrote (331)2/25/2000 1:11:00 AM
From: George T. Santamaria  Respond to of 1658
 
I'm not with this stock, so nothing really makes sense to me. TERN could easily go down as fast as it went up. As soon as profit taking begins in earnest, the stock could go way down. I'm not making any predictions.

If you want to have fun, look a the 3 mo chart on Yahoo. What an incredible spike! The only drivers I see for this are the endorsements by Guilder and the "...or $.04 per share diluted. This excludes non-cash charges for in-process research and development and the amor...." or as others favorably disposed call it, the "transition to profitability".

If TERN shows real earnings without exclusions next Q, then I think you would have a fine reentry point.