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 168.27

+1.8%

Nov 28 9:30 AM EST

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To: pat mudge who wrote (2891)	1/22/1998 3:29:00 PM
From: Jim Patterson	Read Replies (4) of 6180

Pat, 1) According to Mark Hanes, TK is one of the few analysts that would have made you money had you followed his advice. 2) the Company investor relations dept. is the worst source of information about a comapny. 3) Why is this stock going up ? They missed Earnings Earnings declined sequintaly from the 3rd Q Orders were down from the 3rd Q Mgt is projecting a sequential down 1st Q Memory prices declined 40% sequentialy and despite a bounce are still lower than they were in the 4th Q, This will hurt some more. So why is the stock rallying ? According to PW, who upgraded the Semi sector, The stocks in the group are going up therefore buy them. The fact the Fundamentals are deteriorating everywhere, is not important. Just Buy, I don't get that mentality. Jim

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