Thursday, October 12, 2006 4:19:31 AM
As a long term holder here I have to say that I stand 200% behind this decision to go to court.
It could be lengthy, but even if this will yield "just" an out of court settlement, the compensation should be huge for Transmeta.
To highlight from the article:
"Intel has acknowledged that Transmeta has been an innovative spur to some of Intel's own development efforts, roadmap decisions and new product successes. At the same time, Intel has practiced multiple Transmeta inventions in its major microprocessor product lines.
And to show again, that the lawsuit increases Transmeta bargaining position in an already ongoing compensation discussion:
After endeavoring to negotiate with Intel for fair compensation for the continued use of our intellectual property, we have concluded that we must turn to the judicial system to be fairly compensated for our inventions."
So again, congrats to management for this decision. Now be prepared for Intel to shoot back. Stand strong, your claims have merit and get the best out of it for us shareholders.
Good Morning
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