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To: Mark Fowler who wrote (116630)	1/31/2001 8:22:10 PM
From: H James Morris	Read Replies (4) \| Respond to of 164684

>I was busy making money Mark, I was too much into sex last year. When I grow up I want to be more like you. Btw You forgot to mention your pick de jour last year TERN. Which if I recall you were pumping it at 140. >Terayon Communications (TERN: news, msgs) fell more than 13 percent after the Santa Clara, Calif., provider of broadband access over cable lines reported a fourth-quarter pro forma loss of $50.8 million, or 77 cents a share, down significantly from its year-ago profit of $1.2 million, or 2 cents a share, and wider than Wall Street expectations for a loss of 41 cents a share. Revenue rose 63 percent in the period to $62.9 million. The company also announced details of its reorganization, saying it has reduced its workforce by 13 percent and reprioritized investments. Going forward, Terayon expects a pro forma loss of $100 million to $200 million on revenue of $200 million to $230 million in 2001. The company warned that it expects a loss of 45 to 50 cents a share in the first quarter, wider than Wall Street's average loss estimate of 33 cents. Shares closed down 97 cents at $6.41.