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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 (2608)	12/19/1997 12:09:00 PM
From: Hayduke	Read Replies (2) \| Respond to of 6180

All: TI to quit DRAMs? - An article from Electronics Weekly electronicsweekly.co.uk (Registration required but free.) >>>>>>>> TI to quit DRAMs? David Manners Texas Instruments is not denying industry rumours that, starting in the first quarter of 1998, it will begin a phased withdrawal from the DRAM business. Asked if he was exiting the DRAM business. TI president Tom Engibous, commented recently: "What we might or might not do, obviously that fits into the category that we don't comment on." A TI spokesperson in in Dallas did not deny that the company wants to give up manufacturing DRAMs. TI is thought to have briefed its bankers that it is exiting the business, and is believed to be in discussions with its joint venture DRAM manufacturing partners Acer of Taiwan and Hitachi of Japan about arrangements for phasing out TI's involvement in those operations. Stockbrokers' analysts report that company briefings contain no mention of DRAM operations for 1998. DRAM prices have declined by 80 per cent this year, and they declined 80 per cent last year. Earlier this year Motorola pulled out of the business. TI wants to boost profits by concentrating on high margin areas of its business like DSP. The company may also end its investment in its flat panel technology Digital Micro-Mirror Device (DMD). <<<<<<