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 155.00

-2.7%

3:59 PM EST

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To: SteveG who wrote (2761)	1/8/1998 5:53:00 PM
From: jim A	Read Replies (2) of 6180

It was a down market today (although the SOXX index was up). Coupled with the cut to buy, TXN performed poorly, although i was expecting it to close much lower than it did. More alarming was the options activity for TXN - very bearish. In fact the JAn 37.5 CALL had the most action (over 7K) and were down. Does this option activity indicate much more downside, or should we be contrarian, and buy here in the mid 40s. Comments??

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