Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Angela who wrote (3271)	3/17/1998 11:14:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 6180

aOne thing I can say -- I'd rather buy before the Kurlack upgrade than after! Read my other post and you'll see why I think the stock won't look back once the news is out. Granted this is Rev2 silicon, but I'm quite sure the C6X in quantity is not far off. Later -- Pat

To: Angela who wrote (3271)	3/18/1998 8:55:00 AM
From: Honest Abe	Read Replies (1) \| Respond to of 6180

From post # 3177 on March 5: Texas Instruments (TXN-Strong Buy-$54) 3/05/98 Investor Suitability: Aggressive Growth (from Gruntal) TXN held a presentation on its DSP (Digital Signal Processor) business yesterday and will hold its annual analyst meeting tomorrow morning. The DSP presentation was outstanding as it focused on emerging markets and applications for DSPs that offer powerful growth opportunities. TXN management indicated that demand for DSPs remains strong while DRAM prices are weak but no weaker than earlier figures. **** Additionally, TXN announced that Acer would purchase its portion of the TI-Acer joint venture. TI-Acer accounts for 20% of TXN's DRAM volume. **** TI-Acer is one of the least profitable joint ventures and TXN expects to recover its original investment in this venture. Management indicated that 1Q98 remains on track and we are maintaining our estimates and Strong Buy rating on TXN stock. Our 12-month price target is $75. We expect TXN stock to suffer with the rest of the technology group in reaction to Intel's (INTC-Hold-$86 7/16) pre-announcement last night. We would be buyers of TXN stock on any weakness for aggressive growth investors. ( Mona Eraiba )