Monday, January 24, 2005

Will NVE get your Moto working?

All Dip and No Chip (The Motley Fool)

    So what of Freescale, spun off from Motorola (NYSE: MOT) last year? We take NVE's reluctance to renew a prior agreement with Motorola as a positive sign.

    As yet, however, there has been no public announcement of any deal in the offing. Freescale has delivered a working model of an MRAM chip to various preferred clients for trials and were expecting to announce full commercial launch by the end of 2004. That did not happen, so we are still in the dark as to whether Freescale's model infringes any NVE patents or not.

    As we reported back in August 2004, when the stock was trading around $35, until we see some public validation of NVEC's technology, there is little propping up this stock even at these much lower levels. More here

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