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


To: Charlie Smith who wrote (4275)2/15/1999 2:39:00 PM
From: Patriarch  Read Replies (2) | Respond to of 6180
 
the stock is a bit ahead of itself at the current price.

I concur, Charlie. Even accepting $2.91 for this year, we have a current PE of 32+. Right now, TXN is not at the precipice, it will just be in a tight trading range for a while.

BTW, my 5-yr CAGR estimate for TXN is around 25-30%.

Regards,
Pat