AMD Invests $7.5 Million In Transmeta
 

As part of the investment, AMD will receive preferred shares of Transmeta. After the announcement, Transmeta shares rose 24 cents, or 34 percent, to 94 cents in late trading. Shares of AMD rose 20 cents, or 1.4 percent, to $14.39.

http://news.com.com/AMD+invests+7.5+...l?tag=nefd.top

Kicking my behind not buying the stock two months ago; been on the tracking list for four years :( It will go above $1, because it is facing de-listing by Nasdaq if it does not go above $1.