Intel Corp (INTC)

[DewDiligence]

>> AMD (or INTC) should have bought TMTA when it was under $1.<<

bababouie: yes, it would have been a heck of a deal for an acquirer to pick up TMTA for less than $1. But there is absolutely no way that such a deal would have been acceptable to TMTA’s B.O.D.

TMTA founder Dave Ditzel and his core engineering team have spent nearly a decade developing TMTA’s technology. (Ditzel also happens to be the Vice-Chairman of the Board and a substantial shareholder.) The code-morphing software used in Crusoe and Astro is probably the most complex engineering project these developers have ever worked on.

Trust me: these folks believe strongly in TMTA’s prospects and they have no intention of selling out cheaply. Even at a much higher price, I doubt that TMTA would seriously entertain a sale of the entire company. At the right price, however, TMTA might be willing to consider a substantial minority investment by a corporate partner.

>> AMD could have done as a stock deal and they could now have a good competitor to Banias and they could even fab Astro @ Dresden and probably get more Mhz out of it than the foundries do. <<

Since I’ve already addressed the buyout issue in general, let me speak to an AMD buyout, specifically. I believe that, for most TMTA shareholders, AMD paper would be about as appealing a proposition as the Quilted Northern stuff hanging in the bathroom. Regards, Dew