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 159.35

+3.9%

Nov 21 3:59 PM EST

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To: robert w fain who wrote (4093)	10/16/1998 10:09:00 AM
From: Charlie Smith	Read Replies (2) of 6180

Bob: From Briefing.com: Intel Corp. (INTC) 84 9/16: chip maker is making a $500 mln investment in Micron Technology (MU 31 3/4) and will own a 6% stake in the company; says investment in MU to help speed up Rambus (RMBS 61 1/2) memory chip development..... Micron Technology Inc. (MU) 31 3/4 delayed: Gruntal & Co. upgrades memory chip maker from "buy" to "strong buy" after Intel decides to make a $500 mln investment for chip development..... Micron Technology Inc. (MU) 31 3/4 delayed: --UPDATE-- Bear Stearns upgrades memory chip maker from "attractive" to "buy"..... A good thing TXN kept a sizable equity stake in MU. INTC wants the manufacturing know how to begin to get memory directly on the microprocessor. Fetch/write is becoming a limiting factor on CPU speeds. Memory isn't such a "commodity" any more. I'm holding onto every single share of TXN. Charlie

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