leimkuhl@uiucdcs.UUCP (06/28/83)
#N:uiucdcs:26800002:000:177
uiucdcs!leimkuhl Jun 27 14:08:00 1983
why no interest in investment?
Anybody think TI can bounce back?
ben leimkuhler
uiucdcs!leimkuhlgerman@uiucuxc.UUCP (06/28/83)
#R:uiucdcs:26800002:uiucuxc:23300001:000:257
uiucuxc!german Jun 27 16:48:00 1983
***** uiucuxc:net.invest / uiucdcs!leimkuhl / 2:08 pm Jun 27, 1983
why no interest in investment?
Anybody think TI can bounce back?
ben leimkuhler
uiucdcs!leimkuhl
----------pvl@houxh.UUCP (06/28/83)
I would guess that TI stock was artificially high and that the 50-point drop was partly just a correction like all of the gambling stocks experienced a few years ago. ATARI seems to be rolling along even though 33% of Warner's stock price disappeared a couple of months ago. On the other hand, TI is NOT rolling up a good record of systems sales. They do better in the piece part business. From a personal viewpoint, I'm overjoyed that TI got burned. I have a 99/4A and have been frustrated by TI's decision to make it impossible for anyone but TI to supply software (even if you want to write it yourself). By leaving out the "Poke" instruction from even the Extended BASIC, any non-ROM-based program is SLOW. TI then patented their ROM to sew up the market. While talking to TI at the West Coast Computer Faire, I also got the distinct impression that nobody at TI knew what was inside the machine or how to program it. Result: NO decent software. I think TI's only hope now is the 99/2 or 99/8. If they do a good job on them and don't insist on the whole pie, they may stay in the home computer business. If not, they'll be out. That still doesn't say much about how TI as a company will do. What do others think? Pete LaMaster Holmdel, NJ (201)949-0040 ihnp4!houxh!pvl
akhtar@uiuccsb.UUCP (06/30/83)
#R:uiucdcs:26800002:uiuccsb:15300001:000:635 uiuccsb!akhtar Jun 29 15:27:00 1983 Interesting... I heard, and this may not be accurate, was that the drop was inspired by news of $100k loss for this(?) quarter, announced by TI. Agreed that their pc's are miserable in some ways, but it seems unlikely that they will lose money over the long term as a company. As yet I know little of their newly announced 'professional' pc, but I would imagine that it signals some serious interest in the pc market rather than the fiasco of their 99/4. Either way, I wouldn't invest in TI, there are much better prospects out there on the market. This is assuming their 50pt drop is not regained by market vagaries. uiuccsb!akhtar
leimkuhl@uiuccsb.UUCP (06/30/83)
#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.