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 168.27

+1.8%

Nov 28 9:30 AM EST

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To: Keith Fauci who wrote (3698)	6/3/1998 9:16:00 PM
From: Brooks Jackson	Read Replies (2) of 6180

All: I'm guessing that chip makers in general have farther to fall, as the remainder of the analysts issue their lowered earnings estimates. And illogically, TXN may fall a bit further in sympathy. Just a theory. So, has anyone kept count of how many analysts have lowered earnings forecasts for INTC or other bellwethers? And how many more lowered-estimate shocks might be in store? I'm very tempted to double my position in TXN at 48, but I think I'll wait a while longer. I suspect the first good news won't come until 2Q earnings are announced July 21. Again, all IMO.

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