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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 187.12-2.6%12:28 PM EST

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To: ratan lal who wrote (1531)10/1/1997 4:25:00 PM
From: Skeeter Bug   of 6180
 
ratan, i have no idea. i'm up about 25% in two days on my puts.

txn is horribly over valued, imho. however, mu went from ridiculous to absolutely insanely committable before it came to reality (actually it has 15 more points before mu enters reality).

txn will probably report decent earnings - it shouldn't support $130, but it might send the stock much higher as the 97 tech bulls are easy to please.

txn is risky - i don't think i'd short it...

i hope the down trend continues tomorrow, though, so i can get out of my puts. actually, i'd take a big gap down ;-)
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