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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 163.06+2.1%3:59 PM EST

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To: robert w fain who wrote (2726)1/5/1998 11:30:00 PM
From: Charlie Smith  Read Replies (2) of 6180
 
Bob:

Sorry to be slow getting back. Busy time for me with year end reporting and commentary to be done. I hope your increased responsibilities don't stress you out too much! Remember, if you're not in it for fun or profit, what are you in it for?!

Re the Dataquest numbers on TXN: I think this report underscores the power of DSP. As I've said before, how many companies can absorb a near 90% fall in price in a product representing 20% of revenues, and still grow overall top line 8%?

Not much new otherwise. I'm awaiting the conference call and will report to the thread thereafter. DRAM will surely hit the Q, but that's old news. Market is looking for sequential DSP revenue growth of at least 3 or 4 percent, in my opinion.

Best regards,

Charlie
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