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

To: DanZ who wrote (3904)	7/15/1998 7:20:00 PM
From: Monster	Respond to of 6180

Here is a possible reason why TXN is up today... CUPERTINO, Calif.--(BUSINESS WIRE)--July 14, 1998--DSP Communications, Inc. (NYSE: DSP) announced that revenues for its second quarter ending June 30, 1998 were $30,472,000 an increase of 251% compared to the same period in 1997. Net income for the second quarter was $8,138,000 or 19 cents per share (diluted) compared to $719,000 or 2 cents per share (diluted) in the second quarter of 1997. Nathan Hod, Chairman of the Company, said, "We are very pleased with the strong second quarter results. This reflects the continued strength in the Japanese digital cellular telephone market, as well as shipments of our CDMA, TDMA and WPBX products." Mr. Hod added, "Based on orders received, we expect a significant ramp-up in sales of our CDMA and TDMA chipsets in the second half of 1998." Certain statements in this release may contain forward-looking information with respect to plans, projections or future performance of the Company, the occurrence of which involves certain risks and uncertainties, including, but not limited to, the Asian and global macro economic situation, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties, product returns, the Company's OEMs' sales, and other risks detailed in the Company's filings with the Securities and Exchange Commission. DSP Communications, Inc. is a leading developer of chip sets and products for cellular, personal communication services (PCS), and wireless local loop (WLL) markets. Headquartered in Cupertino, CA, the Company develops, markets, licenses, and supports application specific integrated circuits (ASICs) and software based on digital signal processing (DSP) technology for a variety of wireless applications. The Company's products comply with leading standards for Personal Digital Cellular (PDC), Time Division Multiple Access (TDMA), and Code Division Multiple Access (CDMA). The Company's leading customers include Fujitsu, Kenwood, Kyocera, Kokusai, NEC, Pioneer, Sanyo and Sharp. For more information, please visit the Company's Web site at dspc.com.