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: The Rooker who wrote (3658)	5/29/1998 3:04:00 PM
From: Brooks Jackson	Read Replies (1) \| Respond to of 6180

Bankers Trust analyst lowers earnings estimate: cbs.marketwatch.com From CBS Marketwatch: Texas Instruments seen missing Q2 views Texas Instruments Inc. (TXN) traded lower after Bankers Trust Alex. Brown lowered its earnings estimates. Analyst Erika Klauer said the company is likely to miss the second quarter consensus estimate of 44 cents a share, due to accelerating dynamic random access memory price declines. DRAM composes 14 percent of Texas Instruments' business. Klauer said 64 megabit DRAM prices have fallen to between $8.00 and $8.50, but may fall below $7.00 by summer. Klauer cited slowing demand from PC makers and a rash of new factories for the most recent price declines. Klauer cut TI's second-quarter estimate to 40 cents a share from 44 cents, and lowered her 1998 view to $1.95 from $2.20. TI shares dropped 1 to 51 3/4.