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Technology Stocks : Xicor ?

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To: john rentchler who wrote (2481)8/11/1999 11:02:00 AM
From: steve olivier  Read Replies (1) of 2920
 
Based on all the Q2 semi cc's I listened to, it seemed like there was going to be less of a summer slowdown this year. This tends to support that belief.

RESEARCH ALERT - TInamed Merrill Focus One
NEW YORK, Aug 11 (Reuters) - Merrill Lynch said Wednesday it added Texas Instruments Inc. (NYSE:TXN - news) to its ``Focus One' list of stocks, with a price target of $180.

-- Analyst Joe Osha reiterated his near-term and long-term buy rating.

-- In a brief, he said that recent talks with the company indicate that there has been no slowing of business momentum since the end of the June quarter.

-- ``(TI's) base of skill sets in the analog, mixed-signal and digital signal processing markets have positioned the company effectively in the digital cellular handset, modem, and mass data storage markets, and has the potential to make the company a major supplier to the digital subscriber line market as well,' he said.

-- Combined digital signal processor and analog semiconductor revenues should amount to 48 percent of total revenues in the September quarter.
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