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 176.29

+0.1%

Dec 19 9:30 AM EST

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To: TREND1 who wrote (2657)	12/30/1997 11:46:00 AM
From: pat mudge	Read Replies (1) of 6180

[news] Sorry, I found the answer to my question: <<< TAIPEI, Dec 30 (Reuters) - TI-Acer, a joint venture of Acer Inc of Taiwan and Texas Instruments Inc , said on Tuesday it was further lowering its 1997 financial forecasts due to slumping world prices for memory chips. TI-Acer said in a statement that the chipmaking venture was expected to report a net loss in 1997 of T$4.6 billion, far beyond its October projection of a T$1.87 billion net loss. The company revised its 1997 sales target down to T$11 billion from T$12.4 billion.>>>> Since TI's dropping this business, why are they getting hit? When a stock gets hit unfairly, it creates a good buying opportunity. I'll watch until it settles. Pat

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