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

To: Pluvia who wrote (458)	4/11/2000 8:54:00 PM
From: StockDung	Respond to of 1658

UPDATE 1-Terayon 1st-qtr results top forecasts; shares fall PALO ALTO, Calif., April 11 (Reuters) - Terayon Communications Systems Inc. <TERN.O>, a maker of high-speed Internet access equipment for Cable-TV lines, on Tuesday reported first-quarter results that topped analyst forecasts. But the stock fell in after-hours trading reflecting continued volatility in once high-flying high-technology stocks. The company, based in Santa Clara, Calif., said it had a profit before one-time items of $1.9 million, or 6 cents a share, compared with a pro forma loss of $4.3 million, or 23 cents, in the year-ago period. Sales nearly quadrupled to $59.3 million from $15.9 million. On that basis, the results topped analyst forecasts for a pro forma profit of 4 cents a share, according to First Call/Thomson Financial. Including the one-time items, Terayon had a loss of $28.4 million, or $1.04 a share, compared to a loss of $5.9 million, or 32 cents a share. Terayon stock was volatile on Tuesday; it opened at 160, rose as high as 183 and then fell to as low as 148. In regular trading, it fell 4- 3/4 to 162-3/4. In trading after the close, Terayon hit 157. It was also a volatile day for the tech-heavy Nasdaq, which was rocked by a disappointing profit forecast from No. 2 mobile phone maker and chip company Motorola Inc. The Nasdaq fell 132.30 points, or 3.16 percent, to close at 4,055.90. It's now down 19.7 percent from its record close of 5,048.62 on March 10 and is now down 0.33 percent for the year. During the quarter, the company announced four acquisitions, all of which are expected to close by the end of April, the company said. The acquisitions, Terayon said, would boost its offerings in the U.S. market for high-speed DSL Internet access, its cable business in Europe and in silicon technology. 19:00 04-11-00

To: Pluvia who wrote (458)	4/11/2000 9:05:00 PM
From: Winston Lee	Respond to of 1658

Of course you did. And I'm Elvis.

To: Pluvia who wrote (458)	4/11/2000 10:35:00 PM
From: DZOO	Respond to of 1658

partial repost from TSCM: Elgindy goes by the handle "anthony@pacific" on the message boards and is a former Nasdaq market maker and retail broker who claims to uncover scam stocks. But the fraud charges raised questions about his credibility, as did a fine leveled against him in 1997 by the National Association of Securities Dealers, and the revocation of his NASD registration in 1998. In a statement posted Thursday morning on Silicon Investor, Elgindy wrote, "I gave up fighting. I capitulated and accepted a deal, stating that while suffering from Severe Depression in 1994 I accepted approx 50K in disability benefits, that I was not entitled to. ... Since I now accept this guilt, I'm hoping that you can also." But Elgindy's faithful followers, many of whom Elgindy had attracted on his thread on Silicon Investor and who later joined Elgindy at his private, for-pay stock-picking site launched last May, were unfazed. "I don't know one person who doesn't have skeletons in his/her closet," wrote jjetstream. "There is no higher calling in life than to be a teacher," wrote Cube. "Yeah, you've made us all a ton of money, but most importantly you have taught us. That is something none of your critics can claim."