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 153.37

-2.3%

Nov 20 3:59 PM EST

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To: TREND1 who wrote (2395)	12/10/1997 2:57:00 PM
From: jim A	Read Replies (1) of 6180

Larry, you're probably right, but i don't think TXN is near its top. Its down nearly 40% from highs. Made my purchase on neagtive semi sentiment (contrarian indicator), good fundamentals and cash flow, 2x book and sales, and with reduced 98 estimates, it selling at forward P/E of upper teens. If the market crashes so be it (i'll double my position then). Otherwise this is a blue chip technology co. that will bounce back. (and this stock can very quickly). Comments?

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