Texas Instruments - Good buy now or should we wait? Message Board

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Technology Stocks : Texas Instruments - Good buy now or should we wait?

TXN 173.46

-1.1%

Dec 31 3:59 PM EST

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To: Thomas G. Busillo who wrote (1397)	9/18/1997 5:35:00 PM
From: otter	of 6180

According to Dow Jones News Service: "Investors Thursday took a breather with shares of Texas Instruments Inc. after a Brown Brothers Harriman & Co. analyst cited concerns about a sharp drop in prices of memory chips, a market TI has worked to move away from in favor of more-advanced chips. Brown Brothers Harriman analyst William Milton lowered his short-term investment rating on TI (TXN) to "avoid" from "hold" and his long-term rating to "market underperform" from "market perform." Milton said an excess supply of 16-megabit DRAM, or dynamic random access memory, chips drove prices to about $4.75 from about $6 a month ago. Milton also cited TI's lofty share price, which hit a 52-week high of $139.25 Wednesday. Shares of TI advanced more than 15% between the start of this month and Wednesday's close. The shares were off 1.5% Thursday." This makes NO Sense to me at all. Any comments??

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