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


To: pat mudge who wrote (2525)12/16/1997 10:57:00 PM
From: jbershad  Read Replies (1) | Respond to of 6180
 
Thank you. Take a look all the asia markets up.
some strong. Looks like another good day coming
up. MU going up on bad news very good. Stocks going
up as downgrades take place on them is great. Very
volatile though

Quite a few bears have not given up. Also
bullish. INTC my largest position not doing
anything.

Jerry



To: pat mudge who wrote (2525)12/17/1997 12:39:00 PM
From: TREND1  Read Replies (2) | Respond to of 6180
 
Pat
How much does Acer effect TXN earnings
Larry Dudash

A service of Semiconductor Business News, CMP Media Inc.
Story posted at 11:30 a.m. EST/8:30 a.m. PST, 12/17/97
DRAM losses mount in Taiwan
TAIPEI, Taiwan -- The financial woes continue for Taiwan's DRAM makers.

Citing the continued downturn in DRAM pricing and other factors, Hsinchu-based Texas Instruments-Acer Inc. has widened its 1997 net loss forecast to more than $91.6 million.

TI-Acer--a joint DRAM venture between TI of Dallas and Taiwan's Acer Inc.--recently said its 1997 losses would amount to about $58 million.

Today, Hsinchu-based Powerchip Semiconductor Corp.--a joint DRAM manufacturing venture between Taiwan's Umax Group and Japan's Kanematsu Corp. and Mitsubishi Electric Corp.--said it projects a pre-tax loss of $31.2 million.

Powerchip, however, projects an after-tax profit between $14 million to $15 million, due in part to a recent devaluation in Taiwan's currency, analysts said.

Another memory maker, Hsinchu-based Mosel-Vitelic Inc., last week revised its 1997 sales and profit forecast downward by 30.3% and 42%, respectively.