Clearspeed Technology Share Discussion Threads

[mdrans1] 09/11/2007 13:56

Not my funny comment either, I don't know enough, but maybe this latest bucket of cold water from Tradx isn't that cold after all.

[supernumerary] 09/11/2007 12:52

Hi, you still here then!

Interesting to see it's double precision, I seem to remember the nVidia stuff was only single precision (but I'm too lazy to go back and check).

Funny comment added to your link (not by me!):

------------

'ang on a minute.
By TeeCee
Posted Friday 9th November 2007 08:41 GMT

It's got a "modified" Graphics processor.

It plugs into a PCIe x16 slot - a graphics card interface.

It's got 2 Gig of GDDR3 - graphics memory.

Conclusion: It's a bloody graphics card with a badge on it.

You have to admire them though. Stuffing a bit of extra RAM on a $300 graphics card, putting it in a different box and flogging it for $2k requires a lot of brass neck.

You can see the Emperor's meat 'n two veg from here......

[tradx666] 09/11/2007 11:54

hmmmm, the competition just gets tougher..

regards

T..

[supernumerary] 27/9/2007 17:19

Clearly not at £50M though...

[hugepants] 27/9/2007 13:11

Interims:


Revenues down to £143,000 from £1.6M. And operating loss of £7M. At this rate cash wont last 2 years. Dont have a scooby-doo how to value this.

[hugepants] 24/9/2007 22:40

Enough room at the Inn.

[sallyho2] 24/9/2007 21:34

Probably enough room where?

Big sale at 70p. Clear of that overhang, we should be set to rocket!

[hugepants] 06/9/2007 23:30

Theres prob enough room for many of these companies.

[hugepants] 28/8/2007 09:12

How does Clearspeed (CSD) compare with Celoxica (CXA)

[mdrans1] 15/8/2007 16:22

Please do tell, what did Ben Bennett have to say ?

[tradx666] 15/8/2007 15:35

mdrans1,

after talking to Ben, I'm not suprised - he clearly has his hands full.

regards

T..

[mdrans1] 15/8/2007 15:27

I understand Richard Farleigh is not appearing in the next series of Dragons Den. Obviously too busy at Clearspeed.

[tradx666] 15/8/2007 11:01

This looks ripe for 50p or less now, resistance is crumbling...

regards

T..

[supernumerary] 08/8/2007 09:58

Cerrito - you're too kind! Surprising though that they haven't updated the site - it's the sort of news that a lot of outfits would make a real song and dance about. Personally I might have tried to tie it in with the developer offer as well - looking for new applications such as this sort of theme, but I guess it won't make much difference in the long run.

As far as the offer goes, I see the COO got appointed to the board not long ago, ostensibly to lead their manufacturing drive, so it's just possible that these boards are old stock they're trying to clear.

[tradx666] 08/8/2007 09:30

Cerrito,

IN fairness to CSD, I think you are referring to the developers introductory offer? If you are then I would say that your criticism is a little unfounded in as much as it is probably an attempt to filter the tyre-kickers out i.e. those niche applications developers that simply want to play and find out if their application will scale, so historically my guess is they would approach the business and ask for either a loan or dev board to play. If these people now have to have skin in the game, my guess is that they will take this process far more seriously than before - in which case CSD can filter out the time-wasters pretty early on.

I should also correct an earlier observation I made in respect of CSD having virtually given up on HPC, as they clearly haven't, as demonstrated by Ben Bennett about to start with them, I haven't spoke to Ben in a year, but he was a sharp smart player at Intel and one of the few that 'got' it when much of intel didn't, if anyone can resurrect/build their fortunes in these markets, my bet would be Ben is the man to do it. I shall put in a call to him in the next few days and see what his view of the World is...

regards

T..

[cerrito] 08/8/2007 09:12

super
perhaps you should offer your services to CSD as they have not put
on the news section of their website the aug 6 rns.
when i read it I wondered if I had made a mistake by selling out a couple of weeks back.
What really tipped me to sell was that they have on their website an item about their discounted offers which really rather surprised me. I would have thought in their business that it more appropriate to have pricing discussions direct with the end user rather than broadcast it on the web.

[tradx666] 08/8/2007 08:53

mdrans1,

Personally, I would hope they have better things to do than read a BB! Anyway, I don't post much here that I haven't said to 'them' face to face...from time to time, however, once they know you are not a holder any longer, as you can imagine any observations given mean about as much as telling Richard he should get his hair cut!

LOL!

regards

T..

[mdrans1] 06/8/2007 17:57

Ref . Tradx666 - 6 Aug'07 - 10:28 - 418 of 420

Trad,

I am sure the management at Clearspeed will appreciate your kind words of congratulation and sincere good wishes for their future success.

[tradx666] 06/8/2007 11:07

Morning super,

Well, it was firmly on my watch list as a further short target, I still think that this is (based on their current non-performance) significantly over-valued, and a market cap closer to around double their cash pile would be more realistic - so your 50p entry target may yet still be reached! Unless of course they have some more positive surprises for it's loyal following?

regards

T..

[supernumerary] 06/8/2007 10:33

morning tx = surprised no holders can be bothered to post - not like some other boards I read. Ref future prospects, it's still on my watch list, although I was rather hoping for a resurgence from 50p not 100p, lol.

[tradx666] 06/8/2007 10:28

super,

It is better news - the embedded defence compute market is much bigger in global terms, even if satellite application are relatively niche. They have managed to push on an open door, I hope for their sake that they can make more of this than I can currently see in it. HPC was their mass market that would underpin their efforts to drive down production costs, and from what I can see they have all but abandoned any real sales efforts in this key vertical market. Personally, I think this will be a flag waver deal for Steve Mc rather than anyone else there.

Anyway, well done to them, maybe this could be the start of the end of the downwards spiral?

regards

T..

[supernumerary] 06/8/2007 10:19

Since no-one else seems to want to post it, I will.

This looks like excellent news for CSD to me - at last they've found an application for their technology where they have a clear lead, and also shown the adaptability to attack a completely new market rather than just continuing to push the same boards when they're obviously meeting a lot of resistance. The effect of the new management? Obviously this is a very specialised requirement, but no doubt there are others where the csd technology could prove valuable.

Clearspeed Tech Licensing agreement

RNS Number:5633B
ClearSpeed Technology plc
06 August 2007



ClearSpeed Technology plc ("Clearspeed" or the "Company")


ClearSpeed secures licensing agreement with US defence industry supplier


Bristol, UK - 6 August 2007, ClearSpeed Technology plc (AIM: CSD), the leader in
acceleration for high performance computing applications, has signed a licensing
contract with one of the US's largest defence industry organisations.
ClearSpeed's technology will be used in satellites and high altitude systems.


The agreement encompassed a one-off license payment plus services for up to 18
months which are expected to realise in total over $1.5m in revenue. The
Company will also receive royalties on the use of its technology in due course.


This is an important development for ClearSpeed as it not only provides other
types of revenue stream that are complimentary to its principle business, but
more significantly takes the Company into new markets. At the time of its
flotation the Company anticipated that while it focused its core product
development on the emerging high performance computing (HPC) acceleration
market, the feature set that it was developing would also apply to additional
markets.


ClearSpeed's technology was selected as it met the stringent criteria for
performance, energy efficiency, ease of programming, accuracy and reliability
needed within the harsh environments of space. This combination of features,
including fault tolerance, has been developed by ClearSpeed in order to meet the
intense demands of computer acceleration in HPC.


Tom Beese, ClearSpeed Chief Executive, said:


"This new agreement demonstrates demand for our technology in markets beyond
HPC. It also shows the flexibility of our business model to supply
simultaneously into completely different markets ClearSpeed's unique combination
of very high performance delivered with high power efficiency. This is an
important development for us on the day when we are also releasing our latest
acceleration boards for HPC.


"Licensing is highly complimentary for us because it directly leverages our core
development. It enables us to partner in markets where our technology is highly
relevant, but, as in satellites, there are special operational needs that
require additional features that are not relevant to our commercial products in
our main market."

[tradx666] 17/7/2007 15:11

thwarnts,

Even Richards legendary touch is unlikely to resurrect this quickly, the only thing holding this up now is the concentration of shares in a few hands - once one capitulates, then it will be a straight run to the bottom.

All of course imho..

watch for the next tipping point then go short imho..

regards

T..

[thwarnts] 10/7/2007 16:34

It says in Financial Mail that Richard Farleigh, former dragons den, will take the chair of clearspeed.
Partenership deals are understood to be in the pipeline, with major hardware makers and globel defence firms.
I dont hold shares but will keep an eye out from now on.
Could be some nice upside here