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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: SteveG who wrote (2745)1/8/1998 12:16:00 PM
From: SteveG  Read Replies (4) of 6180
 
<A> Texas Instruments -2: Cowen Cites Falling DRAM Prices

NEW YORK (Dow Jones)--Cowen & Co. lowered its rating on Texas Instruments Inc. (TXN) to buy from strong buy, analyst Drew Peck said.

Peck said that even though he is bullish on the company for the second half of 1998, he couldn't justify a strong buy rating in light of drastic declines in prices of dynamic random access memory chips, or DRAMs.
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