Texas Instruments - Good buy now or should we wait? Message Board

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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: Ardner Cheshire, Jr. who wrote (2306)	12/3/1997 7:55:00 PM
From: TREND1	Read Replies (1) of 6180

Ardner I just sent out a FREE email showing that COMS is an important customer of TXN. Larry Dudash * Rodman & Renshaw Inc said it cut its rating on TEXAS INSTRUMENTS ÿ INC to neutral from buy, and reduced its earnings estimates to ÿ $2.00 a share from $2.08 for 1997 and to $2.40 from $3.00 for ÿ 1998. "Because 3Com/US Robotics is Texas Instruments's largest DSP ÿ (digital signal processor) customer, we are concerned about the ÿ recent slowdown in that company's modem sales," Rodman said in a ÿ report. "Regardless, this slowdown will most likely result in a ÿ slowing of orders and shipments for DSP products, which account ÿ for approximately 20% of (Texas Instruments's) sales in the 4Q. " ÿ (Reuters 12:13 PM ET 12/03/97) For the full text story, see ÿ infobeat.com

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