3SOF

Another one to put on the watch list.

the triangle target is near $1.10, I had been looking this one also...
nice pick... I'm also looking forward for the next sessions.

Rocking today downtrend break, could head toward $1.2

Just checking it out also.



http://biz.yahoo.com/ap/050708/transmeta_outlook.html?.v=2

http://www.thestreet.com/_yahoo/markets/stocksinmotion/10231513.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

http://biz.yahoo.com/bizj/050708/1130795.html?.v=1

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh76381_2005-07-08_12-47-58_n08380014_newsml

http://biz.yahoo.com/cbsmb/050708/0a8957839c1744afa7e314ac5d4313c9.html?.v=1
http://biz.yahoo.com/bw/050708/85117.html?.v=1

If Monday's premarket is active and  open > Friday's close, consider buy.

http://finance.yahoo.com/q/bc?s=TMTA&t=5d&l=on&z=m&q=l&c=

Will have to dig for more on this Position.

Hi All,
    I think this stock is worth a look. Let me know your views.
Thanks
Partha

I agree. I bought a small lot at 82 cents yesterday before making a thorough DD. Hope to have more time later this week so that I will feel more comfortable to increase my position (or sell)

I think it has broken its long term bearish line. Hope it goes up quickly

up we go!

Friday July 8, 3:59 pm ET 
Transmeta Now Forecasts Positive Cash Flow for Second Quarter; Auditor to Resign


SANTA CLARA, Calif. (AP) -- Transmeta Corp. shares jumped after the developer of computing, microprocessor and semiconductor technology, said Friday that it now expects to see positive cash flow in the second quarter. The announcement comes just a few months after auditors doubted whether the company could continue as a going concern

Transmeta shares rose 21 cents, or 35 percent, to 81 cents in afternoon trading on the Nasdaq, at nearly six times the average trading volume. Shares, which are down 50 percent for the calendar year, have fallen progressively from an October high of $2.19.

In May, the company said it was ahead of a goal to reduce its negative cash flow to less than $5 million per quarter by the end of the second quarter. A month earlier, Transmeta had received a going concern opinion from its auditors related to the company's 2004 financial statements.

Transmeta will report second-quarter results in early August.

"We have surpassed our first goal of substantially reducing our cash burn, and in fact I am now able to comfortably say that we will report positive operating cash flow for the 2005 second quarter," said Mark R. Kent, Transmeta chief financial officer, in a statement. "We are encouraged by the positive financial and operational progress across our business."

Later, in an interview, Kent said that the turnaround was driven by key partnerships with Microsoft Corp. and Sony Corp., selling low-power technology to companies like Sony and Fujitsu, and licensing of the company's LongRun2 technology. LongRun2 technology reduces total chip power to cut down on energy leakage which increases as chip gets smaller.

Restructuring efforts at the company have also paid off, since March when Transmeta shaved 67 jobs, mostly in sales and marketing, to reduce head count to 208 employees.

Chief Executive Arthur L. Swift said in an interview that engineers were spared from the cut to retain creative talent.

"The most important thing is that our new business model is working," Swift said. "Power leakage is a key problem for the industry."

Transmeta also said Ernst & Young will resign as the company's accounting firm after completing services for the quarter ended Sept. 30. The company plans to name a new accountant in the third quarter.

The company received a warning from the Nasdaq National Market in May for failure to maintain a minimum stock price of $1 per share for 10 consecutive business days. Transmeta needs to comply with the minimum price requirement by Nov. 15 or will face delisting.

Press Release Source: Transmeta Corporation


Transmeta to Present on August 10 at Moors & Cabot Semiconductor Conference
Tuesday July 26, 10:30 am ET


SANTA CLARA, Calif.--(BUSINESS WIRE)--July 26, 2005--Transmeta Corporation (Nasdaq:TMTA - News), the leader in efficient computing technologies, today announced that Arthur L. Swift, president and CEO, and Mark R. Kent, CFO, will be presenting at the Moors & Cabot Semiconductor Conference on Wednesday, August 10, 2005, at 9:40 a.m. (Pacific time) in San Francisco.
The presentation will be broadcast live over the Internet and can be accessed via the Company's web site, located at www.transmeta.com. Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the Internet broadcast.

About Transmeta Corporation

Transmeta Corporation develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property. Founded in 1995, Transmeta first became known for designing, developing and selling its highly efficient x86-compatible software-based microprocessors, which deliver a balance of low power consumption, high performance, low cost and small size suited for diverse computing platforms. We also develop advanced power management technologies for controlling leakage and increasing power efficiency in semiconductor and computing devices. To learn more about Transmeta, visit www.transmeta.com.

Safe Harbor Statement

This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include general economic and political conditions, specific conditions and volatility in the markets that we address, difficulties or delays in implementing our restructuring plan, the potential loss of key technical and business personnel resulting from our restructuring plan, practical challenges in modifying our business model, our ability to satisfy the continued listing requirements of the NASDAQ Stock Market, the adoption and market acceptance of our products and technologies by current and potential customers and licensees, our inability to predict or ensure that third parties will license our technologies or use our technologies to generate royalties, the rescheduling or cancellation of significant customer orders, difficulties in developing or manufacturing our products in a timely and cost effective manner, our dependence on third parties for sourcing materials and providing manufacturing services, intense competition and competitive pressures, the ability to enter strategic collaborations or raise financing on satisfactory terms, patents and other intellectual property rights, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-K, 10-K/A, 10-Q and 8-K, which describe these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

Transmeta is a trademark of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
     Transmeta Corporation
     Mark Kent, 408-919-3000
     or
     Financial Dynamics
     Michael Polyviou, 212-850-5748 (Investors)
     Lisa Cradit, 212-850-5642 (Media)

Didn't want to start new thread....

Technical Analysis:
Nice uptick from last week in this share...
Av moving 7% per week and above 1 mil share traded every day....

My opinion:
Today they have earnings call, if the future guidance is good it may gap up also...
TMTA will be published everywhere in technology related websites as they challlenged bigwigs in the mobile market with their creative technology during IPO. It may give them positive review. Licencing is new model.

After hrs 1.27.. Its gap up

i'm in a little late at 1.28. looking for possible filling of Jan gap ~1.50. room to average down if i need to.