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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: George Schulte who wrote (4694)	10/21/1999 1:28:00 AM
From: Mephisto	Respond to of 6180

Well, did the 'talking head' say WHY it would drop into the 70s. TXN management feels confident about the future.Do the 'talking heads' believe we will have a market correction? Did the 'talking head' mention any other company that would drop? It is difficult for me to believe that TXN would drop all alone? If you take your loss, you have to wait 30 days b4 you buy back the stock if you want to write the loss off for tax purposes. Mephisto

To: George Schulte who wrote (4694)	10/21/1999 2:22:00 PM
From: Sundar Rajan	Read Replies (1) \| Respond to of 6180

I am in a similar situation - TXN options pay reasonable premiums. Why don't you write Nov 85 calls and take some premiums?

To: George Schulte who wrote (4694)	10/23/1999 2:23:00 PM
From: Tavros	Read Replies (1) \| Respond to of 6180

Relax! This is what you should do. Unless you need the money (in which case you should not invest in stocks), just relax and let TXN play out. If the reasons that you bought TXN are still valid (as I do), you should keep your position. Do your own analysis and do not listen to all these "talking heads" who are changing their minds as if they were day-traders. In my opinion, the earnings report was excellent, but it included 7c of non-recurring earnings from cashing-in venture capital investments. So recurring earnings were 44 cents. Of course 44c is still a very good number, but since the stock was priced to perfection, people took some profits. SOme others may have smelled manipulation (attempt to possibly cover up other issues) but including these extra 7 cents. I do not think that is the case and expect to see the stock will recover soon. My 5 cents Tavros