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

To: ViperChick Secret Agent 006.9 who wrote (3766)	6/18/1998 2:19:00 PM
From: DJBEINO	Respond to of 6180

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.

To: ViperChick Secret Agent 006.9 who wrote (3766)	6/18/1998 4:25:00 PM
From: otter	Read Replies (1) \| Respond to of 6180

Lisa, I was speaking with a coworker a few days ago. I said "TXN Calls". He said "Puts". What if we are both wrong? Options expire tomorrow. Today, TXN announces yet another DRAM exposure reduction.... Earnings coming.... Oh, which way to go.... My inclination is to stay long. (My real time quote thing from Schwab isn't helping either. Shows a final bid of 40 and final asked of 60 for TXN. An error, but nevertheless, ironic. (yeah, but what if it's true?!!!))