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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 157.33+1.5%Nov 18 3:59 PM EST

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To: johnny boy who wrote (3970)8/3/1998 10:27:00 PM
From: John H. Kurz  Read Replies (1) of 6180
 
Thread:
I've been bullish on TXN for a long time and am still bullish long term but the number of companies that have announce 1,000 to 4,000 layoffs has gotten my attention finally, and realizing that to accomplish these layoffs takes a few months and then it takes some more time for these total results to shake the market. It gives me the feeling I had in 1990 when so many companies started to layoff. There was no reaction at first, then the recession started. Recession today equals 1987 revisited. Hope I'm worried about nothing.
Regards,
Jack Kurz
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