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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 168.27+1.8%Nov 28 9:30 AM EST

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To: SteveG who wrote (2234)11/26/1997 11:56:00 AM
From: Shanstar  Read Replies (1) of 6180
 
< I see short term growth will be limited, long term perspective is still good. So, $30 area will be attractive again..>

Hate to rain on your parade, but I seriously doubt you'll ever see Texas Instruments back in the "$30 area". I suspect that in the future, T.I. will be spinning off some or all of memory to focus more on DSP technology in which T.I. is the leader by far. Unless they majorly drop the ball here, which I don't think will happen with current management, T.I. will be the next Intel. Buy now while the prices are cheap. It won't be a $50 stock for long.
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