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


To: Jacob Snyder who wrote (5568)3/28/2001 8:26:38 AM
From: Ally  Read Replies (2) | Respond to of 6180
 
From the futures this morning, it looks like the bear rally may have topped out, taking with it the TXN rally. I'm looking to go long on TXN, however the high volatility is making it tough to pick a good entry spot. When it was $42, it appeared to have bottomed, only to slide to $29. Will it go to a new low, or has the trend reversed? Semi inventories may have been lowered, however seems to me demand is still weak for chips.