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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 (2465)12/12/1997 10:39:00 PM
From: John Carpenter  Read Replies (1) | Respond to of 6180
 
The talk was interesting, but I thought it left unanswered one
question, "If the price of Texas Instruments at any given
moment is a fair price(fully reflecting all news-i.e. Asia situation),
why is the decline like Chinese water torture-why is the stock
taken down one or two points per day on average? Why
doesn't news immediately get reflected in the security price?
It seems like these Asia/overcapacity concerns are played
out day, after day, after day. I would think at $40 a share-
the bad news is priced in the stock. Obviously, there are
many who don't agree.