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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Bocor who wrote (17540)1/2/2002 10:44:37 AM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
Never mind TXN's PE of 90. Look at its forward PE. In the hundreds. Was a leader in one of its areas (DSPs). Still is a leader but experiencing competition from Intel etc now.

I have a target to cover of $22 but would not be surprised to see TXN in single digits this year.