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 159.35

+3.9%

Nov 21 9:30 AM EST

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To: pat mudge who wrote (3409)	4/9/1998 4:43:00 PM
From: db	Read Replies (2) of 6180

TXN is hanging on to its low 50's bottom. The expectation is for a bad Q1, but not that BAD. If TXN comes out with a decent number even meeting expectations would be fine right now I think we can rally back to 58 and go higher from there if the outlook present is ok! Otherwise if Q1 stinks we break below 50 and possible test the low 40's. Its tough to say a BUY right now, though my hunch is Q1 won't be that bad. Its the outlook that scares TXN tends to talk conservative and that could scare some analyst... and shareholders. Long term I see TXN in the 80's 1999 timeframe. Wether we get there from hear through the 40's again I don't know BUT this stock is STRONG BUY anywhere under $50.

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