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From: leimkuhl@uiuccsb.UUCP
Newsgroups: net.invest
Subject: Re: Investment Interest - (nf)
Message-ID: <2338@uiucdcs.UUCP>
Date: Wed, 29-Jun-83 22:31:08 EDT
Article-I.D.: uiucdcs.2338
Posted: Wed Jun 29 22:31:08 1983
Date-Received: Fri, 1-Jul-83 22:11:28 EDT
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#R:uiucdcs:26800002:uiuccsb:15300002:000:929
uiuccsb!leimkuhl    Jun 29 18:09:00 1983

	The Wall Street Journal reported that TI announced a very large
 loss in the microcomputer division for this quarter.  More specifically,
 the loss comes from a dropoff in orders for the TI 99/4 coupled with
 TI's self-destructive pricing game and the fact that they are producing
 far more units than they can possibly sell.  The word is that there are
 warehouses stuffed with 99/4's (>1M) and they are going to be forced to
 sell these at a significant loss.
 	The real question is whether TI as company is capable of rebounding.
 It is important to realize that TI's largest divisions are peripherals,
 chips, and defense electronics so that even a substantial loss in the
 area of micros may have little effect on the company as a whole.
	Another article in the WSJ said that before the big decline, some
 very large put orders (options to sell TI stock) were placed in Lubbock--
 the home of TI. The SEC is invistagating.