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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 177.33-0.3%1:50 PM EST

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To: robert w fain who wrote (1851)10/27/1997 6:27:00 PM
From: g grovesready  Read Replies (3) of 6180
 
Robert w. Fain:
Robert hope your doing alright.Seems like establishing a value for TI
is important here.I nibbled at TI,today.Picked up a little at 105.Couldn't wait to get back in after selling at 132.Right now nibbling seems like it was a good idea.All disclaimers apply(my personal opinions here).As you know i've been concerned about the far easts effect on TI and technology in general.Seems to me the market is now over reacting as it usually does.It would appear that the 1987 crash didn't really forcast anything about the economy.It would seem that a slight slowing of our economy by what is happening in the far east would be a long term positve for our economy.The far east is full of wonderful and industrious people.They will bounce back.This stock has corrected about 28%+-.Have things really changed that much for the future?HOPEFULLY,this correction is about over.However the street never fails to amaze me.Good luck to us all.G.G.
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