TMTA Transmeta better faster cheaper? Message Board

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Technology Stocks : TMTA Transmeta better faster cheaper?

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To: powershred who wrote (249)	10/15/2003 5:52:42 PM
From: Ron	of 281

SAN FRANCISCO, Oct 15 (Reuters) - Transmeta Corp. (NasdaqNM:TMTA - News), a designer of microchips for electronic devices that need long battery life, on Wednesday posted a slightly wider quarterly net loss and revenue that fell sharply, saying demand from notebook manufacturers declined faster than expected. Shares of Transmeta dropped about 20 percent in after-hours trade to $3.92 from a close of $4.96 on the Nasdaq. The net loss was $23.7 million, or 17 cents a share, compared with a net loss of $22 million, or 16 cents, a year earlier. Revenue was $2.7 million, compared with $6.4 million a year ago, the Santa Clara, California-based company said.

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