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 159.33

-1.8%

Nov 14 9:30 AM EST

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To: pat mudge who wrote (2525)	12/17/1997 12:39:00 PM
From: TREND1	Read Replies (2) of 6180

Pat How much does Acer effect TXN earnings Larry Dudash A service of Semiconductor Business News, CMP Media Inc. Story posted at 11:30 a.m. EST/8:30 a.m. PST, 12/17/97 DRAM losses mount in Taiwan TAIPEI, Taiwan -- The financial woes continue for Taiwan's DRAM makers. Citing the continued downturn in DRAM pricing and other factors, Hsinchu-based Texas Instruments-Acer Inc. has widened its 1997 net loss forecast to more than $91.6 million. TI-Acer--a joint DRAM venture between TI of Dallas and Taiwan's Acer Inc.--recently said its 1997 losses would amount to about $58 million. Today, Hsinchu-based Powerchip Semiconductor Corp.--a joint DRAM manufacturing venture between Taiwan's Umax Group and Japan's Kanematsu Corp. and Mitsubishi Electric Corp.--said it projects a pre-tax loss of $31.2 million. Powerchip, however, projects an after-tax profit between $14 million to $15 million, due in part to a recent devaluation in Taiwan's currency, analysts said. Another memory maker, Hsinchu-based Mosel-Vitelic Inc., last week revised its 1997 sales and profit forecast downward by 30.3% and 42%, respectively.

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