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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: SisterMaryElephant who wrote (125813)	1/23/2001 3:07:38 AM
From: Paul Engel	Respond to of 186894

Stve - Re: TI & "the news was still a bit of a surprise to analysts and investors who had expected TI to meet its numbers. Merrill Lynch analyst Joe Osha, for instance, put out a note Monday saying he didn't expect a miss, though he also said he saw no chance for an upside surprise." Braindead Osha Joe's comments from this morning - before TI reported: {=========================================} Texas Instruments (TXN; $50.31; B-1-1-7) We Reiterate Buy Ratings (Joe Osha 415-676-3510) • We expect Texas Instruments to report earnings of $589 million, or $0.33 per share, when the company releases results today. Our model shows revenue of $3.14 billion for the quarter. We see no upside to these figures. For all of 2001 we’re looking for earnings of $1.40 on revenue of $13.15 billion. We recently revised those numbers downwards, and we believe that they are reasonable. Our ratings stand at buy for the intermediate and long term. • A soft Q1 notwithstanding, we continue to believe that TI is the large-capitalization semiconductor name that investors should own for the long term. It is remarkable that after several years of explosive growth in the wireless handset industry, no company has yet emerged as a credible threat to TI in the baseband processor market. The acquisition of Burr-Brown has made TI a first-tier player in the analog market as well. {=====================================}