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

To: Pluvia who wrote (430)	4/11/2000 6:15:00 PM
From: 16yearcycle	Respond to of 1658

Confusion has been partially cleared up. Tern down only 3. By the way, your info was already widely known and in the main stream media.

To: Pluvia who wrote (430)	4/11/2000 6:33:00 PM
From: 2brasil	Respond to of 1658

Terayon Q1 results SANTA CLARA, Calif., April 11 (Reuters) - Terayon Communication Systems, Inc. Unaudited Pro Forma Condensed Consolidated Statements of Operations (In thousands, except per share amounts) Three Months Ended March 31, 2000 1999 Revenues $59,337 $15,873 Cost of goods sold 37,619 13,955 Gross profit 21,718 1,918 Operating expenses: Research and development 10,008 3,155 Sales and marketing 7,198 2,836 General and administrative 4,019 1,163 Total operating expenses 21,225 7,154 Pro forma income (loss) from operations 493 (5,236) Net interest income 1,394 958 Pro forma net income (loss) 1,887 ( 4,278) Pro forma net income (loss) per share, basic and diluted 0.06 ( 0.23) Shares used in pro forma per share calculation, basic and diluted 32,966 18,336 Terayon Communication Systems, Inc. Unaudited Condensed Consolidated Statements of Operations (In thousands, except per share amounts) Three Months Ended March 31, 2000 1999 Revenues $59,337 $15,873 Cost of goods sold 43,948 13,955 Gross profit 15,389 1,918 Operating expenses: Research and development 10,568 3,155 Cost of product development assistance agreement 9,563 1,615 Sales and marketing 7,676 2,836 General and administrative 4,185 1,163 In-process research and development 6,750 -- Amortization of goodwill 6,435 -- Total operating expenses 45,177 8,769 Loss from operations (29,788) (6,851) Net interest income 1,394 958 Net loss (28,394) (5,893) Historical net loss per share, basic and diluted ( 1.04) ( 0.32) Shares used in historical per share calculation, basic and diluted 27,256 18,336 More Quotes and News: Terayon Communication Systems (NasdaqNM:TERN - news) Related News Categories: US Market News

To: Pluvia who wrote (430)	4/11/2000 6:33:00 PM
From: majormember	Read Replies (1) \| Respond to of 1658

Steve- Thank you for your even handed and absolutely fair approach to TERN. It's amazing hearing the TERN Exec's try to weasel out of direct question on the "cease and desist" letter, as well as other questions being asked of them. I have rarely seen a less forthcoming public company, and I believe the market tomorrow will reflect this. Skane P.S. Lehman Bros. nailing them to the wall re: Cease and Desist letter, calling them liers

To: Pluvia who wrote (430)	4/11/2000 6:38:00 PM
From: StockDung	Respond to of 1658

Insider: FRITZ, RAYMOND M --------"NONE" Updated 3-Apr-00 Enter symbol: symbol lookup biz.yahoo.com Declared Relationships and Holdings Holdings -------------------------------------------------------------------------------- Relationship/Company As of Type Shares Chief Financial Officer Terayon Communication Systems NasdaqNM:TERN (historical quotes, profile, other insiders) 22-Feb-00 none Transactions Reported Over the Last Year Date Shares Stock Transaction 22-Feb-00 46,999 TERN Exercised Options at $10.00/share and Sold at $260.57/Share. Proceeds of $11,776,539. 22-Feb-00 5,013 TERN Sold at $260.57/share. Proceeds of $1,306,237. 16-Feb-00 10,000 TERN Proposed Sale (Form 144) of Restricted Shares. Estimated proceeds of $674,063. 17-Nov-99 7,000 TERN Exercised Options at $10.00/share and Sold at $68.44/Share. Proceeds of $409,080. 16-Nov-99 3,000 TERN Exercised Options at $10.00/share and Sold at $65.00/Share. Proceeds of $165,000. 30-Apr-99 995 TERN Updated Holdings Statement (direct holdings) --------------------------------------------------------------------------------

To: Pluvia who wrote (430)	4/11/2000 6:40:00 PM
From: pat mudge	Respond to of 1658

Mark -- I hadn't seen the letter before but based on what's included in TERN's SEC documents, I think it would behoove their attorneys to have it included in future filings. As it stands, the wording gives a far different slant. I would also think their attorneys would insist on their website being changed as they still have their co-authorship of DOCSIS 1.2 listed in the company description. While it may have been true at one time, it gives a false impression now. I would note their last SEC filing, the 10-K, did not delineate their relationship with Rogers Communications. Since it appears they did not extend their alliance beyond the first year, ending on March 31, 2000, I would think a paragraph explaining the changed relationship would be in order. These points may appear petty --- and for the casual investor I suspect they are --- but class-action attorneys may see it differently. Thanks again for posting the link. Pat