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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 157.99+3.0%1:28 PM EST

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To: Charlie Smith who wrote (3821)8/2/1998 9:40:00 PM
From: robert w fain  Read Replies (1) of 6180
 
Charlie ---what do you think now ? The Bears are saying that the market is due for a big long lasting dip.The market breadth is what is being used as a negative indicator plus very high valuations of the big blue chips.
TI does not seem to have any big cats in the bag to cover this dull period before 3rd qtr earnings. do you think we will see a slide before the next move up?
There seems to be a lot of rumors about Intel and TI---Several Intel people are rumored to have been seen at the Richardson site lately. Do you think some kind of agreement could be in the works?
The memory layoffs are suppose to start tomorrow in Dallas--good news for the stock short term?---Please give us your view on the market and TXN.----
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