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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 159.35+3.9%Nov 21 9:30 AM EST

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To: robert w fain who wrote (2260)12/1/1997 12:25:00 PM
From: SteveG  Read Replies (1) of 6180
 
<...do read the comments as a platform to reduce earnings for 4qtr or a positive since TI was aware of problems already and still guiding analyists toward the .63 adjusted for split earnings?>

I don't think anyone expected the severity of concern for the asian markets at the time this came out, and I don't know if, in fact, the company is "still guiding" analysts toward .63.

Personally, I think they will either come in light, and/or if they DO make numbers (since they ARE big enough to "fill" any earnings gap if they wanted to rearrange some accounting,) they will sound further cautionary comments going forward.

my 2 cents, anyway-

Steve
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