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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 (2703)1/3/1998 12:03:00 PM
From: Mark A. Palma  Read Replies (2) | Respond to of 6180
 
I think we are sitting in a nice position. TXN closed at its high for the day on Friday! This bodes well for monday, and the move back up in the 50 range. Personally, I expect TXN to hit 60 this month for a couple of reasons. (1) The big boys getting back into TXN for their 1998 portfolios. (2) There is always a runup before earnings on anticipation of good earnings. (3) I think TXN will make their numbers this quarter! Good luck to all and enjoy this nice January run! Also look at CPQ, it is going to take off like a rocket this month!!!!! Great 4th quarter earnings and a split on Jan 20 for CPQ!

Mark A. Palma