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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 155.00-2.7%3:59 PM EST

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To: jelrod3 who wrote (3604)5/20/1998 2:02:00 PM
From: pat mudge  Read Replies (2) of 6180
 
The pertinent comments relate to the increase in April figures:

<<<
"Our general-purpose DSP IC revenues grew 16% year over year in the second quarter," commented Mr. Fishman, "but declined sequentially following a very strong first quarter. This is consistent with results recently reported by other leading DSP IC suppliers. General-purpose DSP orders began picking up in April, led by strong activity from leading remote access server (RAS) modem manufacturers for our low-power DSP modem products. Our RAS customers include the largest RAS equipment manufacturers in the U.S. and Europe. . . .>>>
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