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

To: Dr. Arvind who wrote (2124)	11/17/1997 11:11:00 AM
From: Dom B.	Respond to of 6180

Good morning, Doc...on what grounds will TXN test the $80's? Not on dram?????!!!! that's a dead issue, i think. good luck on your trades. //dom

To: Dr. Arvind who wrote (2124)	11/17/1997 11:18:00 AM
From: otter	Respond to of 6180

A couple of months ago, you said that TXN would hit $200 a share by year end. I asked you why & didn't receive an answer. Later, I found out that the basis for the $200 idea was an (unstated) goal by TXN to try to see that price by the end of the year. So. With all the confusion about TXN's PE ratio (which, by the way, my newspaper says is '9'), what is the basis for your belief that 80 will be tested?