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To: ViperChick Secret Agent 006.9 who wrote (46246)	6/18/1998 11:28:00 AM
From: MtnMan	Read Replies (1) \| Respond to of 58727

Gee, Any way to short Lubbock? ;-) -Neal

To: ViperChick Secret Agent 006.9 who wrote (46246)	6/18/1998 11:30:00 AM
From: broken_cookie	Respond to of 58727

announcement may be coming from TXN probably wrapping up the DRAM sale to MU.

To: ViperChick Secret Agent 006.9 who wrote (46246)	6/18/1998 2:17:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

TXN To: +otter (3764 ) From: +yousef hashmi Thursday, Jun 18 1998 1:53PM ET Reply # of 3766 DOW JONES 90-DAY NEWS/RETRIEVAL Int'l News & Research Services Sequence Number : 3256 Story Date : 98/06/18 1 13:50 T Kobe Steel Picks Micron Tech. For Chip Deal >KBSTY TXN MU TOKYO (Nikkei)--Kobe Steel Ltd. (KBSTY) will dissolve its joint venture with Texas Instruments Inc. (TXN) to start 64M DRAM chip manufacturing with Micron Technology Inc. (MU) of the U.S., The Nihon Keizai Shimbun reported in its Friday morning edition. With the cooperation of the Japanese company, Micron, the largest U.S. memory chip maker, is set to have the world's largest monthly output capacity of 30 million chips in 1999. The Kobe, Japan-based company set up the joint venture with Texas Instruments in 1990 to make DRAM chips. But the venture, KTI Semiconductor Ltd., plunged into the red as a result of the slump in the memory chip market since 1996. Under the agreement between Micron, TI and Kobe Steel, Micron is set to take over the Dallas-based company's 25% stake in KTI as early as August. KTI is likely to start making 64M DRAMs from spring 1999 by utilizing the new partner's cost competitive production technology. KTI has already spent Y60 billion on DRAM manufacturing facilities and will invest a further Y20 billion. (END) DOW JONES NEWS 06-18-98 01:50 PM To: +lisa (3766 ) From: +DJBEINO Thursday, Jun 18 1998 2:18PM ET Reply # of 3767 RESEARCH ALERT - Texas Instruments (NYSE:TXN) raised NEW YORK, June 18 (Reuters) - BancAmerica Robertson Stephens analyst Dan Niles on Thursday raised his rating on Texas Instruments Inc. to buy from long-term attractive. -- Cut fiscal 1998 earnings estimate to $1.80 a share from $2.10. -- Maintained 1999 estimate at $3.00 a share. -- In a research note, Niles said the estimate reduction was based on expectation of losses in TI's DRAM business, but expected company to "dramatically reduce its exposure (to DRAM business) by year end..." -- Set 12-month price target of $75 a share based on 25 times 1999 estimate. -- Shares rose 2-1/2 to 53-5/16.