YES!!!!! Rick, you're one of the only people in the world to say anything positive about TXN in the last six months or so. I happen to be one of the others. I've been studying them for a few months now, and they're just beautiful. It's a shame that they lost their CEO, but he's done his job well- he set the company on the right track, and two other executives had been working very closely with him and are prepared to continue his plans. Short term, they could take a dive. But over the next several years? They look real good.
If you research 'em a little, you'll see that they're doin' all the right things. They're the leader in both market share and technology on DSP (see TXN archive for a discussion on the future of DSP), they've got the digital micromirror device just beginnin' to come out on the market, and... well, I could go on praisin' TXN for the rest of the night, but it would become tiresome. In any case, they're real good. And since everyone else dislikes 'em so much, they're also cheap. The current DRAM and licensing problems have put them on everyone's 'yuck' list, but just look at the whole picture. Two bad trees are blockin' out the rest of the forest, and TXN is very much "OOF". In case you hadn't guessed, it's the largest holding in my portfolio.
Brandon |
