Replies to post #3490 on Transmeta (Semiconductor) (TMTA)

[DewDiligence]

>> dew, wow, talk about going digging up the past. <<

Yes, one of the things I have been accused of is having a good memory. However, for some investors, a good memory can be a detriment (see below).

>> I am sorry that you are probably holding from the 20s but that has happened to all of us at one point or another… <<

My highest-cost shares are at $23 and my lowest-cost shares are at $0.79; I bought a heck of a lot more shares at <$1 than at sky-high levels, and hence my average cost is around $2.

All that is immaterial, however, is analyzing TMTA as an investment going forward. I base my investment decisions on where I think the company is going –not on where it has been. Obsessing about past losses is a gambler’s mindset and mostly a waste of time (except perhaps for tax planning).

>> My only agenda is to make money. At this point the only way for that to happen for me is for TMTA to be sold. <<

The company almost certainly won’t be sold in the short run; if you are holding for that reason alone, your investment is probably misguided. Regards, Dew