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 156.79

-1.6%

1:23 PM EST

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To: pat mudge who wrote (3605)	5/20/1998 10:17:00 PM
From: jelrod3	Read Replies (2) of 6180

While one can take some comfort in the comment that DSP orders picked up in April, I think that the pertinent comment that explains price weakness is found in the comment that Revenues would be flat: "Given the uncertain near-term outlook for the semiconductor market, our best guidance for the third quarter is for revenues to be flat to up a few percent compared to the just-finished quarter. This scenario would likely produce third-quarter earnings per share relatively flat to the second quarter,with some improvement during the fourth quarter." Even so, I added to my TXN position at 56....I'm long and confident in this company, and merely sought to explain recent price weakness.

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