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

To: robert w fain who wrote (2359)	12/5/1997 10:50:00 AM
From: Platter	Read Replies (1) \| Respond to of 6180

Off topic.....LEVL, designer and developer of circuit products posts a 3Q profit of $0.25 a share, three cents ahead of the First Call estimate, vs year-ago net of $0.18 a share; revenues rose 55.2% to $42 44 mln.....Level One Communications Inc. (LEVL) 46 13/16 +4 13/16: --UPDATE-- BancAmerica Robertson Stephens ups 1997 and 1998 EPS estimates on fabless semiconductor maker following last night's better-than-expected 3Q results; increases 1997 EPS by four cents to $0.88 a share and 1998 EPS by seven cents to $1.21 a share.....posted Briefing.com 10/22/97 for those who missed it! A great buy at 34-35, stock is down from 43 last couple days.

To: robert w fain who wrote (2359)	12/5/1997 11:58:00 PM
From: johnny boy	Read Replies (2) \| Respond to of 6180

Robert, One point, don't let yourself feel bad for being a long. Inherently, long means you believe in the company and where it is heading and you've decided not to sell on the dips--right? As I've always said, if you look at TI's chart over the last many years, the big drops are normal and expected, especially after a big run up. The chart man, Larry is it?, has been pointing this out and sort of warning every- body about October--he's right but we deep down knew this anyway--remember my post asking about this phenomena--before his chart message? (Larry's analysis is great by the way, in my opinion and helped us put some science into our gut feel--thanks Larry). Anyway, back to my little talk.......... Right about the time the stock becomes vulnerable to a fall, a cyclical fall, anybody and their neighbor can look good by talking up the negatives of TI and making it look like they are really smart, smarter than a long. But they are not so special, they are simply like people saying it's going to snow in December and it often does. The good they do is to remind the longs that the cycles are not dead and to get realistic, realistic that the chart has not become balistic and forever upward. We thank them for this at least. So, again, don't let the "I told you so" nature of some of the posts get you down. The company is stronger than ever. Not beyond criticism but it is stronger by a long shot now than it was after the last big dip in 1995/1996. Nothing is guranteed but I think you'll have a good shot at your South Padre Island beech house someday. We'll just have to listen to the loud thumps generated from those folks patting themselves on the backs for predicting winter. JB