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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 155.00-2.7%Nov 17 3:59 PM EST

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To: SteveG who wrote (2756)1/8/1998 1:59:00 PM
From: jbershad  Read Replies (2) of 6180
 
Steve,
Sorry have nothing to copy to screen.
Chaplinsky of H&Q expects march quarter earning to
be down relative to the Dec quarter. Decline
in DRAM prices to continue for next few quarters.
At risk are orders from 3Com expects them to pull
inventory in channel to more reasonable levels.
Also flat wireless chip sales in march quarter.

4Q97 cy97e cy98e cy99e
New eps 0.59 2.07 2.57 3.30
old eps 0.69 2.09 2.90 3.70

Jerry
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