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

To: pass pass who wrote (1395)5/16/2001 1:22:13 AM
From: Jay Fisk  Read Replies (2) | Respond to of 1658
 
It's the latest trend....

Instead of a P/E ratio they need to state a P/L ratio !

Zaki mentioned in last-months-pure-proforma-non-earnings announcement that there "may be additional expenses" which sounded like minor fine-tuning.... nothing of this magnitude.

What's next ? No DOCSIS inclusion ? Delisting ? A slow spiral into a non-entity ? Something less than zero ?



To: pass pass who wrote (1395)5/19/2001 12:58:45 AM
From: George  Read Replies (1) | Respond to of 1658
 
There is no relationship between market capitalization and balance sheet values. The acquisitions written off were acquired with overvalued stock. Keeping them on the balance sheet would be a burden on future earnings. I consider the writeoffs positive for the stock.


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