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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 176.29+0.1%Dec 19 9:30 AM EST

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To: George Schulte who wrote (4694)10/23/1999 2:23:00 PM
From: Tavros  Read Replies (1) of 6180
 
Relax!

This is what you should do. Unless you need the money (in which case you should not invest in stocks), just relax and let TXN play out. If the reasons that you bought TXN are still valid (as I do), you should keep your position. Do your own analysis and do not listen to all these "talking heads" who are changing their minds as if they were day-traders.

In my opinion, the earnings report was excellent, but it included 7c of non-recurring earnings from cashing-in venture capital investments. So recurring earnings were 44 cents. Of course 44c is still a very good number, but since the stock was priced to perfection, people took some profits. SOme others may have smelled manipulation (attempt to possibly cover up other issues) but including these extra 7 cents. I do not think that is the case and expect to see the stock will recover soon.

My 5 cents

Tavros
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