Texas Instruments' Big Analog Move

Texas Instruments is to acquire National Semiconductor for 6.5 billion dollars,or 25.00 a share.Funded with a combination of cash and debt,the deal is expected to close in 6-9 months.
For Texas Instruments,this is a bolstering of its analog chip business,moving away from the less profitable wireless business and toward touch and power management applications.
According to Nick Calamos of Calamos Imvestments,you really need to have scale to compete globally.It's a volume monetization type of business.You need to push out hundreds of millions of these chips.They are staking their future on analog.
Calamos Investments offers services to both individuals and institutions,with specialties in risk management and alternative investment strategies.Originated in 1977,it markets both open and closed-end funds and separately-managed accounts,employing a proprietary security evaluation system.
Texas Instruments(TXN),National Semiconductor(NSM)

Fundamentals,Not Speculation

John Calamos,Sr.,founder of Calamos Investments,thinks that we're in a very volatile period.If you sit on the sidelines,you end up missing a lot of opportunities-such as in the global markets.Investors need to think more globally now than ever before.The fundamentals of growth stocks are very favorable.
Calamos is looking at some of the consumer product tech firms.The fundamentals of Apple are what make it attractive.We're entering a slow growth market phase that will favor active managers.We're favoring the tech and energy sectors for the road ahead.The commodity and energy plays are hedges against the dollar being devalued.
Financials are more of a speculative trading play,rather than fundamentals,Mr.Calamos said.It's more a hope,a speculation that things will get better.I'd rather own cheap growth stocks,the thirty-plus year veteran of asset management stated.Calamos Investments,located in Naperville,Illinois,offers a suite of diversified portfolios designed to help clients reach a wide range of investment goals.