Transmeta (Semiconductor) (TMTA)

[DewDiligence]

Key excerpt from the same Bloomberg article:

“Emerging markets will make up 40 percent of PC sales by 2006, Intel has said… [Barrett is] starting 70 ‘clubhouses’ in cities like Mumbai, India, that teach children to use PCs, and training classes that reach 600,000 teachers, with the biggest programs in China and India.”

The death of the PC market has been greatly exaggerated. There is still plenty of room for robust growth as living standards rise in the Third World. TMTA needs only a modest share of this opportunity to produce an extremely generous return for its shareholders. Dew