Man buys huge chunk of Transmeta shares

Transmeta was forced to restructure last month and lay off a number of staff, including engineers, but the filing shows that James R. Singer, who lives in a PO Box in Chocorua, New Hampshire, lashed out on so many shares that he now owns a 5.9% share of the company.

Now the Yahoosters - aren't those message boards a jungle where it's scary to tread - are wildly speculating on who Singer is and why he's bought the shares.

Unfortunately, so far, we can't help here because we've no idea who he is either.

Perhaps he's heard the somewhat persistent rumours that one or another semiconductor company wants to buy Transmeta for its excellent technology and good patent portfolio.

The TMTA share price is hovering around the $1 mark as we write this.

You can find the the filing here.

We're also grateful to a reader for pointing out his interest in bio company Vical Inc, which you can find here. µ