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


To: John Chen who wrote (4111)10/21/1998 10:44:00 AM
From: Just_Observing  Read Replies (1) | Respond to of 6180
 
Tom Kurlak on TI

I do not know his short term target or even if he has one. He did not like TI's report yesterday and said that people should not own it. I think it is a 3 (hold which translates to sell) rating. Longer term he has always had a 1 (or buy) for TI. He said that business was poor across the board. He has not been recommending TI since the first quarter, when it was near 48. Unfortunately, Merrill did not release a written report on TI so I could not post any further info yesterday. Will post any info as soon as I see it. Please NOTE that all comments were courtesy of my broker and that oral comments tend to be inexact. My broker was shorting it heavily on the opening yesterday. BTW, in headline news (DBC.COM), I did see that a brokerage house did downgrade TI yesterday (Fahenstock or something like that).

Wishing you the best of luck.