Transmeta (TMTA)-The Monster That Could Slay Intel Message Board

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Technology Stocks : Transmeta (TMTA)-The Monster That Could Slay Intel

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To: KLP who wrote (377)	4/19/2001 2:13:37 PM
From: JH	Read Replies (2) of 421

TMTA up 26% today, currently at $23. Large short position as of March, with 5M shorts against a float of 15M. Since the stock had been trading between $15 and $21 during the last month or so, that should have been a "base building" support from which we are currently breaking through to the upside. Bought a bunch today at $21.40 - things really appeared to fly when it punched through that level. MSDW, the underwriter for the IPO, has a 12-month price target of $45. Let's see how far this stock rises in the latest upside breakout in the Nasdaq...

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