Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Porter who wrote (22960)	10/20/1998 12:02:00 PM
From: joe	Respond to of 45548

Steve or anybody, RE: sam's post Message 6084039 TI's earnings report states(actually this is Briefing.com): "visibility into 1999 market growth for TI's core businesses remains limited due to uncertain world economies, as well as the timing of recovery in the modem and hard-disk drive markets." and "Revenues in the analog business declined about 11 percent from the year-ago quarter, almost all of which was due to weakness in the hard-disk drive market." I think these are Briefing.com's words, and they're just rehashing what they've read from the actual financial report. I get the impression they are lumping together disk drives and modems. It's true that modem sales are probably slow but so what else is new. The thing is we should see the beginnings of sequential growth. Comparing yr/yr I'm not sure is that meaningful, since last year's sales weren't that great either and mostly sold 28.8K modems (my impression). This is not a good comparision, because the real question is how well the 56K modems are picking up. I'll try to read the "real" financial statement from TI and see if it clarifies... also, "Semiconductor orders in the third quarter were down 13 percent from the year-ago quarter, primarily due to continuing weakness in the modem and hard- disk drive markets. Orders were up sequentially by about 8 percent, mainly due to growth in wireless chipsets." This could indicate that modems are picking up this quarter, but it's hard to say, since they're lumping together different type of products. joe