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


To: otter who wrote (3553)4/30/1998 5:41:00 PM
From: B.REVERE  Read Replies (2) | Respond to of 6180
 
Ray, not a t/a guru, but resistance at 62.6 was broken today.
Next level of resistance is at 65.6 ,and then 71. Txn acted
very strongly today and stayed strong through a 40% retracement
of the dow in the last 30 minutes. If economic reports continue
to show low inflation and the dollar stays strong, the fed
cannot justify a move higher and the stock market will continue
to go higher. When the s&p index goes up and the sox index behaves,
txn will go along for the ride.

Later,



To: otter who wrote (3553)4/30/1998 11:07:00 PM
From: pat mudge  Read Replies (1) | Respond to of 6180
 
Ray --

If all indicators stay strong, then TI may continue north through InterOp next week. After that, there's a month before the biggest telecommunications show of the year: SuperComm.

After hearing Qwest's CEO, Joe Nacchio, talk about their network, you have to know all that bandwidth isn't going to stop a mile from our front doors --- imagine having 5-lane freeways and no exit ramps. And just about any system that brings it to our computers will use TI's chips.

Later --

Pat