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SiddMartin:
The theory of transmission lines says that you should have a load at the destination of the line equal to the characteristic impedance of the line. You also want to drive the line with a source resistance equal to the characteristic impedance. With an ideal transmission line when this is done all energy input to the line is absorbed at the load with no reflection. When there is a mismatch, then energy is reflected causing signal distortion and data errors.
When you create a splice it will probably spread the wires apart and this will change the characteristic impedance at this point. This will cause some reflection of energy. In turn it may cause data errors. In a TCP/IP transfer over Ethernet data errors cause data retransmission and this slows down or inhibits data transfer.
My suggestion is possibly not as good or convenient as the one by TOOL-5150. However, there are couplings made for CAT-6 which implies my technique may be fairly good.
At the following page on my web site are some low frequency waveforms showing the result of very bad line termination resistance:
http://www.beta-a2.com/cat-5e_photo.html see the first photo.
The pulse width I used is long compared to the transit time down and back on the cable. Ethernet data pulses will be very short compared to some typical transit times. In photo P1 the transit time from source to destination was about 0.2 microseconds, and the reflected wave shows up at the source at 0.4 microseconds and is of polarity to add to the original pulse.
If you had shorter pulses in the source data, then the signals would get all scrambled.
In reality your splice might not produce a large amount of reflected energy and maybe not much effect on the signal.
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