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

To: tbuff who wrote (2458)	12/12/1997 12:46:00 PM
From: jim A	Respond to of 6180

showing alot of support at 40. It has bounce off 4 or 5 times today, the kast bump has it at 40.375. All this while the market/sox slowly declines.

To: tbuff who wrote (2458)	12/12/1997 2:42:00 PM
From: pat mudge	Respond to of 6180

<<< It will probably take an earnings warning from TI to get there.>>> I doubt this is likely. I just talked to the co. and was told there have been times a beating like this would be justified but this isn't one. I asked about the DSP fab in Korea and was told there will be many new entrants into the sector but like Pentium chips, it won't be easy to penetrate the market. I then asked if it was as difficult as developing ADSL/DMT and he said, yes, every bit as difficult. In other words it's a mighty long walk between saying you have competitive DSPs and really having them. Pat

To: tbuff who wrote (2458)	12/13/1997 12:04:00 PM
From: John Chen	Respond to of 6180

Richard, as you know I was being silly/sacartistic(sp?) about ML, TK and ti-price. I think the market is going to be tough for at least one more quarter due to 'asian crisis' start to feed into the slow down of profit growth in high-tech. Someone mentioned the mutual funds sold to lock in profits, I think that is a correct statement. While analysts use every opportunity to profit(their job function) as much as possible, individuals would need to either follow them ( hoping to duplicate the same job function) or be a long term investor and be happy not to make every '30-50%' up/or/down. Since TXN is tied to HDD and HDD (SEG,WDC,QTMN) are all tanking, this is not a good sign. Wireless/networking is the other 'bright area' and the demand should be a 'growth' area. TXN has capacity in SEA, so that may help a little bit. But the general environment is SICK for high-tech until the dust is settled in KOREA/SEA. I believe the 'excess/bubble' of 'asset worth' in some 'emerging SEA' are 'WRONG NUMBERS'. If those 'funny money' were tied to the 'US stocks', then we will have to forget the 'paper money' that was there. TXN @$20 would make me jump. Since I'm locked up, so it really doesn't matter as long as it goes back to mid-hi 60s in a year. I think the 'trend' is turned and it is better be LATE than EARLY in this market.