Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!linus!philabs!cmcl2!floyd!vax135!ariel!houti!hogpc!houxm!ihnp4!ixn5c!inuxc!pur-ee!uiucdcs!uiuccsb!leimkuhl 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 Lines: 17 #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.