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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,275+0.5%Dec 24 12:59 PM EST

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To: Ali Husain who wrote (976)2/27/1998 5:59:00 PM
From: fred woodall  Read Replies (1) of 1779
 
D. Niles (Robertson Stephens) lowered TXN 98'net view by 20 cents.
"After seeing a pickup in business in January, the company has not seen that carry over into Feb." Also added that some customers are aggressively lowering their inventories, which could cut TXN revenue by about 5%.
CNBC/CNNFN today started the "over bought" song & dance. Whether or not that will slow down this bull market remains to be seen.
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