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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (8388)10/21/2002 6:11:46 PM
From: Jorj X Mckie  Respond to of 57110
 
18:04 ET TXN Texas Instruments not likely to raise 2003 capex (17.12 +0.02) -- Update --
In response to question about 2003 capex forecast, management says it still hasn't put together a formal annual plan but that it's hard to see at this point why it would need to be higher than 2002 capex, which will be $800 mln... TXN -2.87 at 14.25




17:55 ET TXN Texas Instruments speaks of limited visibility (17.12 +0.02) -- Update --
On call, says it has limited visibility in the current environment with historically short lead-times... In Q&A portion of call, says order shortfall was primarily in the PC and PC market peripherals segments... thinks it is too early to comment on Q1... TXN -2.90 at 14.22