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 9:30 AM EST

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To: Brooks Jackson who wrote (4298)	2/27/1999 6:26:00 PM
From: Patriarch	Read Replies (1) of 6180

Colonial's Stoeckle Recommends Tech Companies on 'Rukeyser' Owings Mills, Maryland, Feb. 26 (Bloomberg) -- Technology and financial companies were among those recommended by Colonial U.S. Growth and Income Fund manager Mark Stoeckle on Public Broadcasting System's ''Wall Street Week With Louis Rukeyser.'' ''The outlook for those companies still continues to be very good,'' Stoeckle said, referring in particular to Texas Instruments Inc. and Applied Materials Inc. Shares of both companies fell this week on concern over slowing personal- computer sales. Applied Materials, the No. 1 chip-equipment maker, fell 12 5/8, or 18 percent, to 55 5/8 over the past two days as investors felt that slowing sales would mean less demand for computer chips. Texas Instruments fell 15 3/4, or 15 percent, to 89 3/16 from a 52-week high of 104 15/16 reached on Feb. 24.

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