Texas Instruments - Good buy now or should we wait? Message Board

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Technology Stocks : Texas Instruments - Good buy now or should we wait?

TXN 179.53

-0.8%

Dec 9 3:59 PM EST

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To: TREND1 who wrote (2530)	12/17/1997 4:13:00 PM
From: pat mudge	Read Replies (5) of 6180

Larry -- DW/MS doesn't cover, but I was able to dig up the following: TI-Acer loss = 3 billion in local currency. Or roughly 90million US. TI owns 33% of Acer or $33 million in losses. But, TI doesn't consolidate the earnings. If they did the loss would be .09 pre-tax, .06 after tax. As for the overall situation, in short, Korea needs money. No one will loan it. Trying to raise dollars by dumping DRAM. Koreans taking losses, therefore not building new factories, not adding capacity, which will eventually lead to shortages. . . the cycle will repeat. I'm merely the reporter of this information. All new territory for this gal. :) Later -- Pat

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