Texas Instruments cuts forecast

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S2007S

Texas Instruments cuts forecast
Company blames lower-than-expected chip revenue, says it now expects earnings of 37 cents to 40 cents a share in current-quarter.
December 11 2006: 7:24 PM EST

NEW YORK (Reuters) -- Texas Instruments Inc., the biggest maker of semiconductors for mobile phones, cut its fourth-quarter earnings and revenue outlook on Monday, citing weaker-than-expected demand for wireless chips.
 
Quote from EqtTrdr:

bullish imo


SEMIS TO ROCKET TO THE MOON TOMORROW $$$$
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I thought the same thing when I saw it trading down a few pennies AH. SMH should rally to 34.50+ on this news tomorrow.
 
things getting really wild and wierd and now we have bby missing bad. i've counted over 40 warnings the last 4 days or 10 times this time last year. its obvious earnings growth is heading down but wall street could care less and wants to party on as evidenced by txn being up this am
 
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