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


To: Jim Patterson who wrote (2892)1/22/1998 3:38:00 PM
From: pat mudge  Read Replies (1) | Respond to of 6180
 
[analysts and stock action]

Jim --

I'm told the Street looks ahead several quarters. Could this explain why the stock refuses to drop despite analyst's comments like TK's?

I suspect there'll be a surge of excitement around ComNet next week when MSFT-CPQ-INTC join forces with 5 RBOCs + GTE to announce plans for ADSL deployment. I'm told AT&T may have their own announcement as might LU. The market in question involves TI's DSPs everywhere you look. If this has been lost on the Street to date, it's unlikely they can ignore it forever.

Granted, the real numbers won't come in till 2H, so the question remains, how far out does the Street look?

Regards,

Pat



To: Jim Patterson who wrote (2892)1/22/1998 8:59:00 PM
From: robert w fain  Respond to of 6180
 
Jim I worry about the same things you mentioned but the stock is probably up because it was to far down (expecting worse than expected earnings---reverse whisper #) and the future was seen as bright and Dram is improving (this one is kind of goofy but several sources claim it might happen)---Also Kurlack does not have a clue about DSP or communications and cable modem and ADSL and on and on and on.By the way he cost me money big time ---I don't think he does anything but try to churn the stock---when is the last time you herd him say to buy and hold long term.



To: Jim Patterson who wrote (2892)1/22/1998 11:16:00 PM
From: Angela  Read Replies (1) | Respond to of 6180
 
Who is Mark Hanes?

Angela



To: Jim Patterson who wrote (2892)1/23/1998 5:09:00 AM
From: synchro  Respond to of 6180
 
Warren Buffet said stock mkt in the short run is a voting machine & in the long run is a weighing machine. I would surmise more than half of the daily share volume is traded on fear/hope/rumor. As for the rest, w/ so many people playing the option game nowadays, a lot of shares are just people squaring positions, putting on/off hedges, and the like. IMO, it's probably more profitable to invest in a market maker that takes the 1/8th or 1/16th bid/ask vig every time some day-trading sucker feels he needs to get a fix.