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


To: Shanstar who wrote (2236)11/26/1997 12:16:00 PM
From: SteveG  Respond to of 6180
 
<Hate to rain on your parade, but I seriously doubt you'll ever see
Texas Instruments back in the "$30 area".>

I was quoting the post I responded to, but it would not surprise me to see TI into the lower 40s or upper 30s in the weeks to come. H&Q just lowered their numbers for a variety of reasons, and if you read some of the specific comments here about WHY TI could be under some pressure, you will understand my perspective.

I think TXN (like INTC) is a great company, but may STILL be ahead of itself nearer term.

<.. Buy now while the prices are cheap. It won't be a $50 stock for long.>

I am currently flat and I think it will likely get cheaper over the coming weeks/months - and THAT's what makes a market!

Steve