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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 157.04-0.2%Nov 19 3:59 PM EST

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To: bundashus who wrote (3031)2/11/1998 9:06:00 AM
From: jad  Read Replies (1) of 6180
 
Trouble today? Merrill Lynch's chip guru Tom Kurlak is making more
negative comments on the semiconductor sector, particurly the DRAM makers. Questions run up in stocks amid a December decline in chip sales. On the DRAM front, says expects prices to fall another 20%-30% from March to July. Specifically dislikes LSI, Micron, and Texas Instruments. Has a $20 downside target on Micron (MU 37).
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