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


To: Dragon 1 who wrote (2275)12/2/1997 1:07:00 PM
From: TREND1  Read Replies (1) | Respond to of 6180
 
From Yahoo 12/01/97
TXN Consensus Estimates

This Quarter (Dec 97) 0.62
This Year (Dec 97) 2.10
Next Year 2.90
............................
Kurlack of ML lowered his 1998 estimate to $2-2.50
from $3.00

Larry Dudash



To: Dragon 1 who wrote (2275)12/2/1997 2:27:00 PM
From: tbuff  Read Replies (1) | Respond to of 6180
 
XQ,

>> Thank you, A.C.Jr. but when possibly would be the bottom? Is this drop possibly related to the purchase of AMTX? <<

This is probably not the bottom yet. Wait until everybody hates the semis. Analysts like to play follow the leader. We probably have a few months to go before we see the bottom. It's only been 1.5 months since it hit its high. I would wait until at least January, after earnings come out. I may get back in if it gets below $40, although it may never get there. It could be that TXN is being punished unnecessarily. It happens every quarter.

Rich