Chief Financial Officer William Aylesworth said the
company plans to seek strong growth opportunities
and simultaneously increase the company's operating
margin.
"So that we continue to have the opportunity to
increase our earnings per share at a rate quite a bit
faster than we increase our revenue," the CFO
added.
"That should be a good combination of building more shareholder value."
The Dallas-based company -- which makes the
digital signal processors, or DSPs, used in cellular
phones, as well as other analog chips and
microprocessors -- said it expects its chip growth to continue in 2000,with sequential growth expected for the first quarter.
"Moving forward, our focus is on the technologies that will enable a communications-driven Internet era," said Tom Engibous, TI's chief executive officer, in a statement. "We expect continued strong growth in2000, with DSP and analog as the catalysts."
In the fourth quarter, semiconductor sales hit $2.2 billion, an increase of 30 percent over the year-ago number of $1.7 billion.
Chip sales also boomed by 41 percent, compared with the year earlier."
Above excerpts from CBS MarketWatch column
(Dear Sonki, wouldn't it be nice if the CEOs of the DOW 30 would do *something* to increase shareholder value. With their huge salaries, expensive homes, comfortable board rooms, it doesn't look like they have an incentive to do anything ~ except play golf ~ where they may do a bit of business with their Board Members!!!
DOW 30's CEO's Speciality is GOLF, in my opinion. I wouldn't waste my money on their stock.
Soooo compared to the companies on the DOW 30, TXN is as you noted, a "gem")
Best wishes,
Mephisto
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