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


To: Larry Brew who wrote (2610)12/19/1997 7:16:00 PM
From: Scott Moody  Respond to of 6180
 
Larry and LKO,

The P/E ratio confused me also when I started looking at TXN. The best I can figure is that when TXN sold its defense business the cash was added to 3rd qt. earnings. Look at 3rd qt earnings they are way out of whack. Real earnings added in make it more realistic.

Scott