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 176.29

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Dec 19 9:30 AM EST

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To: rob who wrote (3287)	3/20/1998 12:21:00 PM
From: Van Vo	Read Replies (1) of 6180

Anyone on this thread hear of TXN's recent canceling its two big projects, the DCP (Data Compression Products) and the Vivid (a DSP project) after nearly a year of spending money & human resources on the projects. A friend of mine told me that he and some 50 other engineers, who previously worked on the projects, have been sitting around doing nothing for the last 2 months, and there could be some 50 more engineers will be unemployed in the upcoming months. If this is truth, I am wondering how could TI management manage to let this happened, nearly a hundreds of engineers unemployed for a couple months? And how will this has impact on the earning of the upcoming quarters?

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