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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: TREND1 who wrote (2372)12/7/1997 4:36:00 PM
From: Scott Moody  Read Replies (1) of 6180
 
[To SteveG]

From Morning Star:

Quarterly Results 3Q1997 2Q1997 1Q1997 4Q1996
......................................................................
EPS 8.56 1.26 0.66 -0.15

Data as of 10/31/97

Added up this gives 4 quarters trailing earnings of $10.63

Divided by 2 for the stock split gives $5.315.

Divinding into the current stock price of ca. $46.00 gives

a P/E of ca. 8.8

Where do you get your information for a P/E > 20???

Scott.
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