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Technology Stocks : TMTA Transmeta better faster cheaper? -- Ignore unavailable to you. Want to Upgrade?


To: Daytek77 who wrote (76)7/7/2001 2:01:04 AM
From: Daytek77  Read Replies (1) | Respond to of 281
 
One more post from Yahoo:

Joseph Osha is a well respected analyst with Merrill Lynch and he thinks TMTA will RISE ABOVE $12.60 a share in 2002.

"Small and light notebook machines should ship 5 to 6 million units in 2002 and Transmeta's wins at all of the leading vendors in the small and light market should allow the company to break the million-unit market EASILY. That should translate to $177 million in revenue for 2002, which may cause the stock to rise from its current level "$12.60". Our long term BUY rating stands."

- Joseph Osha, First Vice President Merrill Lynch (21 June 2001)

TMTA is trading at $4.39 a share, leaving TONS OF UPSIDE POTENTIAL and little downside room considering shorts must eventually cover outstanding positions to profit.

TMTA's float is 74,500 million shares and most of it is owned in the double digits -- that's greater than $12 per share.

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TMTA up in after hour trading:
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$4.39 +0.07 +1.62% 388,300

marketwatch.com oo&count=25&skip=25&sortd=0&sort=54

Better Days Ahead!