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

To: R. Ramesh who wrote (4749)	12/17/1999 9:15:00 PM
From: Patriarch	Read Replies (1) \| Respond to of 6180

This is the full article: Texas Instruments files $1 bln shelf with SEC December 17, 1999 04:28 PM WASHINGTON, Dec 17 (Reuters) - Texas Instruments Inc. filed with regulators on Friday to sell from time to time up to $1 billion in unsecured subordinated debt securities, warrants, purchase contracts and units. The big semiconductor company said it plans to use the proceeds for working capital and general corporate purposes including possible redemption or purchase of its existing debt securities, according to the shelf registration filed with the Securities and Exchange Commission. Texas Instruments shares closed up 1-7/8 to 101-15/16 on the New York Stock Exchange. --------------- Basically, TXN is raising money and is selling $1 Billion in financial instruments, ex: debt, warrants, to do this. The "shelf" part is TXN filing a statement with the SEC informing them of the above. Hope this helps, Pat