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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 165.31+2.2%Nov 26 3:59 PM EST

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To: nan-xiang chen who wrote (2208)11/23/1997 12:27:00 AM
From: jack wuo  Read Replies (2) of 6180
 
sold 105 call at $1.25 in the morning, which is close at 0 at 4pm ET.
500% return anyway. May be TXN is not stablized yet.
AMTI will benifit TXN a few years from now, but not until 1999.
DRAM will continue to post heavy losses for TXN for next 13 monthes.
So, do not expect good earning growth for next 4 quarters. Also,
who knows what happens 4 quarters later, may be AMTI's technology
is no longer the best choice anymore. I feel TXN will post a so so
earning(at best) next quarter as this industry will do, and down trend may be not finished yet.

good luck
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