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 193.32

-0.9%

Jan 23 9:30 AM EST

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To: robert w fain who wrote (4207)	1/7/1999 1:39:00 PM
From: Charlie Smith	Read Replies (2) of 6180

Robert: If this is true, hang on for the ride: From TheStreet.com: DRAM Report Pumps Micron Shares By Dan Colarusso Senior Writer 1/7/99 12:55 PM ET A SoundView Financial report that carried good news for Micron Technology (MU:NYSE) had options traders running to cash in on a big rally. The stock, up 5 5/16 to 64 15/16 at midday, jumped on a suggestion in the Soundview report that a big Asian DRAM maker told distributors it won't accept any more orders. "While we have not been able to confirm this data, it comes from a very reliable source," the Soundview report says, adding that the supplier "is having difficulty in satisfying demand from large OEMs." The SoundView report hit the First Call wires at about 10:15 this morning. Remember the "pockets of blinding profitability" I've talked about in the past in the DRAM market? We may be about to hit one. Charlie

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