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Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?


To: Stu who wrote (1724)5/29/1998 4:29:00 PM
From: Narotham Reddy  Respond to of 2389
 
Pricing pressure concerns, TXN may miss numbers

From CBS

Texas Instruments Inc. (TXN) fell 1 3/8 to 51 3/8 after Bankers Trust Alex.
Brown analyst Erika Klauer said the company is likely to miss the second
quarter consensus estimate of 44 cents a share. Klauer cited accelerating
dynamic random access memory price declines as a result of slowing demand
from PC makers and a rash of new factories. DRAM composes 14 percent of
Texas Instruments' bus5/83/4.