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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| March 02, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TECHNOLOGY

TI expected to raise Q1 guidance

Goldman Sachs said a "bullish" presentation by electronics conglomerate Texas Instruments portends a higher earnings forecast at Monday's midquarter update. "TI management was adamant that the Street has been wrong to sell their stock recently," it said in a note to its clients. Nevertheless, Goldman Sachs affirmed its underperform rating, citing concerns about profit margins. TI jumped 8% to 32.18.

** Chip stocks surged on several positive comments from several brokerages. Altera climbed 5.5% to 21.18, National Semiconductor rose 5% to 29.47 and chipmaking equipment manufacturer Novellus Systems surged 4% to 27.77.

AOL spam fee riles public groups

The Internet portal, a unit of Time Warner, vowed to institute a controversial e-mail policy that will allow mass mailers who pay a fee to bypass security measures. Critics contend the move will block e-mails from legitimate groups that can't afford the fee while allowing access to spammers willing to pay the fees. Time rose 0.5% to 17.41.

** ...

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