Texas Instruments - Good buy now or should we wait? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Texas Instruments - Good buy now or should we wait?

TXN 159.74

-0.9%

10:22 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Milk who wrote (2888)	1/22/1998 1:19:00 PM
From: Milk	Read Replies (1) of 6180

January 22, 12:49 pm ET RESEARCH ALERT - Texas Instruments EPS cut NEW YORK, Jan 22 (Reuters) - Gruntal & Co said on Thursday it lowered its 1998 earnings estimates on shares of Texas Instruments Inc to $2.80 per share from $3.10 per share to reflect reduced industry growth because of the Asia crisis. -- Analyst Mona Eraiba also said lower forecasts are due to continued depressed dynamic random access memory (DRAM) chip prices. She also revised her price target to $75 per share. -- ''Management revised downward the semiconductor industry growth forecast for 1998 to 10 percent from 14 percent as a result of the Asian situation and the weak DRAM market,'' she said in a research note. -------------------------------------------------------------------------------- biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next