SI
SI
discoversearch

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: pat mudge who wrote (3749)6/16/1998 4:11:00 PM
From: yousef hashmi  Read Replies (2) | Respond to of 6180
 
DAVID FABER ON CNBC reported the story,that capacity is being cut back, so long term investors should start positioning them selves.



To: pat mudge who wrote (3749)6/17/1998 7:27:00 AM
From: JGoren  Read Replies (2) | Respond to of 6180
 
Reason for the 4 point rise. Traders are accumulating TXN on belief that TXN may sell DRAM business any time; they want to be in the stock before the sale. Sale would remove a -$.20 per quarter drag on the bottom line; that is, profit would immediately increase by 80 cents annualized and free the company of the DRAM headache so it can concentrate on DSP business that grows at 30% annually. At least one brokerage house called its customers and recommended buying, especially for long-term accounts, so they would be there before the sale, even if they got there a bit early.