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 161.74

+0.3%

3:59 PM EST

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To: otter who wrote (3835)	6/23/1998 5:57:00 PM
From: DanZ	Read Replies (1) of 6180

The big put volume could be a fund hedging or it could be a fund selling puts because they think the stock is going higher. Either way, it's bullish when there is an imbalance in the ratio of puts to calls traded. Normally more calls are traded than puts because people sell covered calls against long positions. I'm not presently holding TXN but I am holding VLSI and IRF and am very bullish on the SOX and TXN. Best of luck to everybody who is holding this stock. Dan

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