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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: TREND1 who wrote (2249)11/29/1997 7:10:00 PM
From: Ardner Cheshire, Jr.  Read Replies (1) of 6180
 
Those of you interested in the deflationary argument being made by several well-respected economists/money managers might be interested in William Gross's commentaries (especially Sept.-Nov. 1997) at pimco.com. Those of us who own tech companies with high p/e's, companies that depend on every-increasing growth in a worldwide economy to support their stock prices, might give some thought to buying more bonds! Or prepare for YTD stock price increases in the range of 8-10%. What are your thoughts, Larry, based on following the fortunes of MU and TXN for several cycles?
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