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1 point posted on 01/26/09

78%

Bradley Sugarman:

+95.56%
risk: conservative

TXN - Texas Instruments is expected to report a 33% decline in quarterly sales

The company's scheduled to report quarterly and 2008 results Monday after the closing bell. Analysts speculate that TI will be forced to cut up to 10% of it's workforce.

"Demand has worsened each month of the quarter, resulting in a weaker-than-expected report and outlook," analyst John Dryden of Charter Equity Research said in a research note.

TI's also wrestling with the Nokia dilemma, its biggest customer, who has decided to work with other suppliers

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TXN

Texas Instruments Inc

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Bradley Sugarman

78%

1 point commented 299 days ago reply

Shares of Texas Instruments Inc. closed higher Tuesday after the chip maker posted results that exceeded Wall Street projections.

Friday results: 60% loss on FEB 12.50 Puts in 5 days.

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Texas Instruments Inc (TXN)

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