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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 161.21+1.2%Nov 24 3:59 PM EST

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To: Spyder who wrote (3370)4/2/1998 10:01:00 AM
From: B.REVERE  Read Replies (2) of 6180
 
Spyder, read my post again. I am referring to txn's dsp revenue
as a percentage of their total revenue. Right now it's at 45%.
For it to rise above the 50 % level of its total, they do not
need an incremental rise of 600% in sales in dsp. More like
15%. Good luck with your trade. BTW, txn got a mention on cnbc
this morning from a w/s guy doing a series of the top ten myths
that exist on many trader's forums. He explained that the valuation
of a stock is more valuable to a trader than the movement of the
s&p 500 or dow 30. As an example, he said "TXN is currently trading
at 54 (yesterday's quote) but their true value is 70". Hopefully,
some institutional buyers were watching.

Later,
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