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Technology Stocks : Intel Corporation (INTC)
INTC 37.24-0.7%12:53 PM EST

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To: Monica Detwiler who wrote (144917)10/9/2001 1:43:33 AM
From: Tony Viola  Read Replies (3) of 186894
 
Monica, Re: Transmeta said its business is based primarily in Japan and customers there are reducing unit volume shipments due to worsening economic conditions. The company is also experiencing delays in completing the process qualification for its 5800 micron product.

5800 micron? Line widths of a quarter of an inch? What is it that guy around here always says, SWEET?

Transmeta, which makes power-saving chips for notebook computers, said Monday that it expects third-quarter revenues of $5 million as the slowdown in its customer spending dragged on through the summer.


5 million dollars in revenues? Has to be way below any sales level for survival. Oh yeah, you said the same thing:

Looks like they may be going down for the big gulp.

Joe Osha recommended this company, what, as recently as Q1 this year? I forget.

Tony
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