Texas Instruments - Good buy now or should we wait? Message Board

STOCKTALK

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.

Technology Stocks : Texas Instruments - Good buy now or should we wait?

TXN 168.27

+1.8%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pat mudge who wrote (3749)	6/17/1998 7:27:00 AM
From: JGoren	Read Replies (2) of 6180

Reason for the 4 point rise. Traders are accumulating TXN on belief that TXN may sell DRAM business any time; they want to be in the stock before the sale. Sale would remove a -$.20 per quarter drag on the bottom line; that is, profit would immediately increase by 80 cents annualized and free the company of the DRAM headache so it can concentrate on DSP business that grows at 30% annually. At least one brokerage house called its customers and recommended buying, especially for long-term accounts, so they would be there before the sale, even if they got there a bit early.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next