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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 (3525)	4/26/1998 3:33:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 6180

Lets hope the market or a unforseen development does not derail our high hopes for TI stock. I may be way out in left field, but I believe the information revolution will solve the Asian problems the same way WWII brought the world out of the depression of '29. There may be a lot of Western money behind the rescue --- if investors are allowed to buy into depressed companies as I'm reading they'd like --- but it'll happen. And if governments are smart they'll find ways to back their technology and stay in the game. I'm thinking of the move to submicron chips. No company can afford to wait out a cycle. It's participate or die. I'm also thinking of telecommunications' upgrades. Hooking into the Internetworked world is mandatory. Even China is moving quickly to deploy optical fiber, ATM, and wireless systems. I certainly don't know the details, but read enough to see where they're headed. But I'm preaching to the choir, I know. As for the quality of life in Texas, if TI-ers are any indication, then you must be doing something right. I used to think the Scots were the most cordial hosts on earth. Now it's Texans. Perhaps those who stay in a flat land, beset by fierce storms, have the wisdom to know one's sense of belonging has little to do with geography but resides within the human mind. Richard Church in his autobiography, The Voyage Home, says, "So we carry our home within us, and as we battle our way through the years, goaded by experience, we learn sooner or later that the thing we have been searching for has remained out of reach because we hoped to find it elsewhere. The error has taken many turns. . . but these external machineries always fail us in the end. . . leaving us to loneliness and despair. Once we have discovered that home is nothing more, and nothing less, than the house within the mind, then the voyage is over." Thoughts on a clear and mild spring day --- Pat