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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 159.33-1.8%Nov 14 9:30 AM EST

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To: jelrod3 who wrote (3609)5/20/1998 11:32:00 PM
From: pat mudge  Read Replies (3) of 6180
 
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.

I watched all day, wondering if it was time to add. Now, of course, we have the transition in Indonesia that may affect the market tomorrow. Still don't know if it'll be positive or negative. I suppose it depends on whether the IMF likes the new regime. "New" used rather loosely in this case.

As for the quote from ADI's quarter report, I took the comments on flat revenues to be for the overall semiconductor market, not DSPs in particular, as they seem to have better growth potential.

At any rate, I'm long and looking to add.

Later --

Pat

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