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


To: puborectalis who wrote (5270)10/2/2000 12:53:28 AM
From: Ibexx  Read Replies (1) | Respond to of 6180
 
Texas Instruments unveils chip for Web music devices
(UPDATE: EMBARGOED UNTIL MONDAY OCT 2 00:01 EASTERN TIME)

NEW YORK, Oct 2 (Reuters) - Texas Instruments Inc. (NYSE:TXN - news) on Monday unveiled a new chip for Internet music devices, which uses advanced power management technology that would allow the devices to play for as much as 70 hours on two AA-sized batteries.

The new digital signal processor, which together with analogue technology converts real world sound such as voice and music into digital data, is being released to consumer electronics companies, who will use the chip in their designs of devices for the 2001 holiday season.

The Internet audio devices allow for music and other audio material to be downloaded from the Web or compact discs and then played on the go. The chip's small size allows Internet audio player manufacturers, such as Sony Corp. and Toshiba Corp. , to make the devices in popular, small forms. One Sony version is reportedly not much bigger than a thick magic marker.

The market for Internet audio products is forecast to grow to $17 million in 2001 from $3 million in 2000.

TI had a 48 percent market share of the DSP market in 1999, followed by Lucent Technologies Inc. (NYSE:LU - news) with 25 percent, according to market researchers Forward Concepts.

Ibexx



To: puborectalis who wrote (5270)10/5/2000 7:28:52 PM
From: gdichaz  Read Replies (1) | Respond to of 6180
 
stephen: Perhaps TXN will do well in China, but that remains to be seen. And while TXN is a major GSM supplier which is the installed base in China, the future is less clear.

Perhaps this will be clearer after Chinese visits to look at CDMA in Korea and Japan this month. TXN is not a power in CDMA.

Best.

Chaz



To: puborectalis who wrote (5270)10/19/2000 11:31:37 AM
From: uu  Read Replies (2) | Respond to of 6180
 
It seems the majority of market investors (that is little guys like on us on the street) have come to genuinely know that analysts are nothing but a bunch of self-serving charlatans willing to do anything (at the expense of the little guys) in order to make a buck. TXN jumps despite charlatans (i.e. analysts) downgrading it BIG TIME!

Texas Instruments Jumps 19% on Meeting Expectations; Analysts Cut Estimates
By TSC Staff

10/19/00 11:14 AM ET

Texas Instruments (TXN:NYSE - news) was up 19.3% in early trading.

However, ABN AMRO, Credit Suisse First Boston and Goldman Sachs cut earnings estimates for the company, and Lehman Brothers downgraded it to neutral from outperform. The semiconductor company reported earnings of 33 cents per share after Wednesday's close, matching the Street's expectations.