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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 168.17-0.1%Dec 1 3:59 PM EST

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To: Jim Patterson who wrote (2892)1/22/1998 3:38:00 PM
From: pat mudge  Read Replies (1) of 6180
 
[analysts and stock action]

Jim --

I'm told the Street looks ahead several quarters. Could this explain why the stock refuses to drop despite analyst's comments like TK's?

I suspect there'll be a surge of excitement around ComNet next week when MSFT-CPQ-INTC join forces with 5 RBOCs + GTE to announce plans for ADSL deployment. I'm told AT&T may have their own announcement as might LU. The market in question involves TI's DSPs everywhere you look. If this has been lost on the Street to date, it's unlikely they can ignore it forever.

Granted, the real numbers won't come in till 2H, so the question remains, how far out does the Street look?

Regards,

Pat
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