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

To: TREND1 who wrote (2309)	12/3/1997 9:21:00 PM
From: Raffica	Respond to of 6180

Could you explain 'channel trends' ? Where is the bottom on this stock ?

To: TREND1 who wrote (2309)	12/3/1997 9:28:00 PM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 6180

Larry, at what point would you consider buying into TXN? It certainly is a better point than 50. Does your analysis indicate that this is just the first of new lows? I'm new to TXN and would appreciate you insight. Thanks Michael

To: TREND1 who wrote (2309)	12/3/1997 10:33:00 PM
From: nan-xiang chen	Respond to of 6180

Hi, Larry: Today I bought TXN option(DEC CALL) while TXN was trading around 45. Hope TXN will reach 53 very soon. Generally speaking, agree with your comments on TXN channel trend. It is currently in a down-trend channel. However, as you know, TXN will not follow the channel forever, otherwise it would be down to ZERO. That is why people is trying to find out where is the bottom. Today TXN has very heavy trading volume, so I feel we have tested the bottom--around $45. Look into TXN, COMS and CSCO intraday chart( CSCO also got downgraded today), they all are white candlestick. Just my thought, the overall market looks like ready to rebounce from now on, unless more bad news come out from big named company. No kidding for sure---I never know what will happen with tomorrow's stock market. NXC