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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

TXN 160.31

-3.9%

Oct 29 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: tree_toe_bandito	10/16/2008 4:34:09 AM
	of 6180

More ruminations: TXN stock has fallen about $20 billion of which about 80% was owned by institutions and mutual funds. I'm not sure if TI's 401K fund is included in that total. The stock that TI holds in it's retirement fund has always been sort of mystical, magical, if you know what I mean. Do any of you guys know how TI stock in the retirement fund works? Is it real or just a book entry? TI management seems to have lost 10's of millions of dollars also, even though most of them have been exercising and selling for some time now. Conclusion: Long term investing is completely repudiated. For guys like us who are on the outside, there is no way of knowing why the stock is falling. Mutual fund redemptions? Actual knowledge by the 80% of stockholders who are big investors? What? We don't know. That is why we can't rely on fundamentals to invest in this stock. We don't have timely fundamental data. We have to analyze the chart patterns. Price tells us what Mr. Market is doing. We can at least take positions based on that. The momentum is still down, according to the charts. TI stock is not a place to be long right now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next