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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 176.88-0.1%Dec 26 9:30 AM EST

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To: robert w fain who wrote (1518)9/30/1997 11:44:00 PM
From: Skeeter Bug   of 6180
 
rob, you aren't any more pushy than i was ;-)

when 20% of your business is at no profit it will hurt earnings. the dram outlook going forward is worse and will drag down future eps estimates.

the strong dollar may or may not have a significant impact on eps depending on what products are hot where and the production location. it will be hard to sell us made products over seas.

ti is expected to earn 60 cents. the expected growth is nuts to support a $130 stock price. it is pure valuation and my bets are that any disappointment, however slight, will send txn tumbling.

i even expect a meeting of estimates to shave off quite a bit of txn's share price.

could i be wrong? yup. we'll see as my bets are placed. nov 120 puts.
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