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 193.32

-0.9%

Jan 23 3:59 PM EST

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To: robert w fain who wrote (2408)	12/10/1997 10:05:00 PM
From: W. Luther	Read Replies (1) of 6180

<<He was saying on CNBC that the upside on tech stocks is over because of asia>> Actually that's half of it...Cramer is saying(and I tend to agree with him) that the continuous upgrade cycle in PC's in the US is on hold for now...in other words, the pickup we all got by moving from 286's to 386's to 486's to Pentiums has hit a brick wall, and won't change until software is developed that makes it compelling to move to Pentium II's, et al...I'm still running a P5, and I can't find a good reason to upgrade, except to have a higher benchmark score perhaps!<G>...how long the slowdown lasts is anyone's guess(I think Cramer has a time horizon of at most 2-3 weeks!<G>) anyway, this situation domestically coupled with the high growth in Asia that apparently won't materialize doesn't bode real well for the tech sector...hopefully it won't last but a quarter or two, but take a look at high tech performance from '83-'89 if you think it has to be a short term phenomena! Cheers, Wade

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