Positive Reports From Transmeta

utopicillusion writes "The register reports : "More cash flowed into Transmeta in the second quarter than it spent, the company said late last week as a teaser for its upcoming results announcement." This is about after a month that CNN predicted that Transmeta was going under. "

Comments

That's because they sold their processor business

[Nova Express]

I shouldn't be surprised by Slashdot's short institutional memory, but the rteason Transmeta showed a profit was that "it sold off most of its chipmaking business for $15 million to Culturecom Holdings." It's cash flow positive in the same way a family which auctions off all its belongings is cash-flow positive: temporarily.