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

To: michael97123 who wrote (5234)	9/12/2000 9:41:30 AM
From: JGoren	Respond to of 6180

TI Expanding Wireless Research .c The Associated Press DALLAS (AP) - Texas Instruments Inc. plans to significantly expand its wireless research and development resources over the next two years for its next-generation computing applications, including the 2.5G and 3G systems. The company said Monday said it will hire 200 engineers at its Villeneuve-Loubet site in France. ``Expanding our design talent in France will enhance our capability to meet our customer demands across the world,'' said Gilles Delfassy, vice president, Worldwide Wireless Communications. ``The volume rollout of high-speed wireless data services in 2001 will start an explosion of new applications and appliances, all connected to each other through the Internet,'' Delfassy said. ``For the first time in many years, wireless phones will have significant new features besides size and battery-life to motivate consumers to upgrade to new handsets.'' The expansion will help speed the development of advanced digital signal processing and analog products for next-generation wireless Internet appliances with integrated voice, data and video, the company said. Shares of Texas Instruments were down 37.5 cents to close at $57.63 in Monday trading on the New York Stock Exchange. On the Net: ti.com AP-NY-09-11-00 1642EDT Copyright 2000 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.