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: yousef hashmi who wrote (3726)	6/12/1998 10:03:00 AM
From: Scott Kessler	Read Replies (2) of 6180

Isn't it interesting that after profit-taking from the failure of an MU deal to materialize and stock price pressure from semiconductor and industry woes, this stock is holding tough b/w 49 and 50. Why even last night (Thursday, June 12) earnings estimates were reduced by Gruntal. I increased my position by 50% yesterday b/c I think the worst will be over soon. Once June and preannouncements are over, I think the semi industry and TXN will firm. Look -- here's a company doing all the right things, focusing its energies on a high-growth technology and products -- DSPs. Right now, the stock is a steal. If you're a bit cautious, buy some LEAPs and forget about them for 6 months.

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