StockIceMan's Weekly Stock Pick
Week of
October 13th, 2003
| Stock: |
Transmeta
Corporation |
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|
| Ticker Symbol: |
TMTA - Nasdaq -
Semiconductors |
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|
| Buy: |
3.75 to 3.90 |
| |
|
| Sell: |
6.00 + |
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|
| Info: |
Transmeta
Corporation develops and sells
software-based microprocessors
and develops additional hardware,
software and system technologies
that enable manufacturers to
build highly efficient computing
systems characterized by low
power consumption, reduced heat
dissipation and the performance
required to run standard x86-compatible
programs. The Company originally
developed its family of Crusoe
microprocessors for lightweight
notebook computers and other
mobile computing devices, but has
developed and is continuing to
develop microprocessors suitable
for a variety of existing and
emerging end markets in which x86
program compatibility and energy
and thermal efficiency are
desirable. Transmeta also designs
and builds, on a limited scale,
PC (personal computer)-compatible
computer systems based on its
microprocessors. The Company
builds these systems for internal
engineering use in order to test
its microprocessors in a real
system environment. |
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|
| Financial Info: |
For the
six months ended 6/30/03,
revenues decreased 5% to $11.1
million. Net loss decreased 37%
to $42.1 million. |
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|
| Key Ratios: |
Current
Ratio: 3.72; Total Debt/Equity: 0.01,
P/E: N/A, Price/Book: 5.10, Price/Sales:
21.97 |
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|
| Share Info: |
There are 140.35
million shares outstanding with
117.10 million shares in the
trading float. Institutions own
approximately 11.82% of the
shares outstanding. There have
been 1 insiders buying a total of
9,000 shares and 6 selling a
total of 900,000 shares in the
last six months.
As of 9/8/2003, there were 653,000
shares short.
Net Institutional Selling: 4.61
million shares: prior to latest
quarter. |
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| Articles: |
Transmeta Selects
Fujitsu Semiconductor as the
First Foundry for its 90nm
Generation of Efficeon Processors |
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