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Technology Stocks : Full Disclosure Trading

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To: advocatedevil who wrote (2137)9/20/2002 11:47:10 AM
From: Return to Sender  Read Replies (3) of 13403
 
TXN ST bought 1000 shares@15.75 - Downgraded today:

Sep 20 2002 - 8:10 AM In Play Texas Instruments downgrade details (TXN) 17.03: -- Update -- As mentioned at 7:39, Salomon Smith Barney downgrades TXN to In-Line from Outperform based on expectations of slowing unit growth in semis, continuing weak demand in PC segment, and a seasonal peak in wireless component sales in Q4; cuts 2003 rev/EPS ests to $9.6 bln/$0.60 from $10.1 bln/$0.75, cuts 2004 EPS est to $0.95 from $1.25 (both years are well below consensus), and cuts price target to $15 from $30.

I think the selling is excessive. Should rebound some by Monday.

I also picked up 800 LLTC at 20.35 (wanted 1000) and I am trolling for BRCM at 13.95 today.

Bounce coming soon in my opinion.

RtS
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