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

To: pat mudge who wrote (3800)	6/19/1998 9:11:00 AM
From: Scott Kessler	Respond to of 6180

BEFORE THE BELL - Texas Instruments <TXN.N> up NEW YORK, June 19 (Reuters) - Shares in Texas Instruments Inc. rose in pre-opening trade Friday after the company said it would sell its troubled memory chip business to Micron Technology Inc <MU.N>. Texas Instruments was up at 56 on the Instinet electronic trading system from a close of 54. The company said Thursday it would sell the unit to Micron in a deal worth $800 million in stock and assumption of debt. Texas Instruments said it would cut 3,500 jobs as it trims its global operations. Micron rose to 23 from a 22-4/16 close. Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similiar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.