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

To: Bilow who wrote (2478)	12/13/1997 10:53:00 PM
From: pat mudge	Respond to of 6180

<<< TXN is not a growth stock. It is a mature company in a mature industry. With a P/E of 10, the stock could go as low as $28, based on next years (optimistic?) earnings.>>> Carl -- You're comparing the present-day TI and the future TI with an historical TI that no longer exists. ti.com At the Robertson Stephens Conference earlier this year, Pat Weber told me the company felt like a start-up it was changing so fast. If you think DSPs are an old story, then I suggest you research what's happening in the RAS, industrial-motor, sonar, and medical fields, to name a few. Heck, I can't think of much that's not impacted by DSPs. But why am I saying all this? You know it as well as I do. I'm investing in the New TI, not the old one. Pat