SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Al Serrao who wrote (18191)5/31/1998 3:40:00 PM
From: Judy  Read Replies (1) of 50167
 
TXN

Al, quick look at the stock, it's too nice a Sunday to spend posting at SI.

TNN should have a technical bounce above its 200-day ema and hover thereabouts until the fundamental picture becomes clearer. It is phasing out of the DRAM business but will still get hit when MU gets hit, although the downside will be back to bsl at 50-52. However, if its DSCP business disappoints the market, TXN becomes a fundamental short on the next break of the the 200-day ema. Don't hold your breath of the modem chipsets has or will sold for '98. Witness what happened to ADI.

When I say a stock is trading as expected, it is relative to events expected to unfold over the timeframe during which one may consider a positional trade. That a stock may pop up or faint 5-10 points in a few days is what I call a flip, not a positional trade.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext