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Stock picks by the pros
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November 16, 2000: 12:21 p.m. ET
Texas Instruments, Philip Morris, Sprint and Corning make the list
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NEW YORK (CNNfn) - Market strategists reviewed stocks in the semiconductor, consumer and telecommunication sectors, recommending companies such as Sprint.
As the markets pulled back at midday Thursday, recent guests on CNNfn commented on the stocks they are buying and why.
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 JOSEPH GUNNER'S STOCK PICKS:
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TXN
GLW
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"Texas Instruments (TXN: Research, Estimates) is starting to levitate a little bit off its lows. So I would recommend it at this level. It's way down from its yearly high of 99. It's close to about 49. They're very, very strong into the analog chips and digital signal processors, and this is where the growth in that industry is. So at this price I believe it represents some value," said Donald Selkin, chief investment strategist at Joseph Gunner and Co.
"Corning (GLW: Research, Estimates) is a stock that I'm recommending in this area. It's another one that sold of very, very sharply, about 40-50 points in the last few weeks. They had a very good profit report in the third quarter, they said earnings are going to be going 25 to 30 percent next year, and at this price it looks very attractive here in the 60s."
Texas Instruments is trading down $1.37 to $46.63, with a 52-week high of $99.78 and a 52-week low of $35.
Corning is trading down $2.62 to $65.12, with a 52-week high of $113.29 and a 52-week low of $25.54.
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TIM GHRISKEY'S STOCK PICKS:
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FON
MO
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"In the telecom telecommunications area, we think actually Sprint (FON: Research, Estimates) here very beaten up. It's the one of the three long-distance companies that also has a big local exchange presence. In other words, you're buying a local phone company as well, that has that very-valued last mile into the home. We think that, at these levels, is a "great buy,"' said Tim Ghriskey, senior equity portfolio manager for Dreyfus.
"Philip Morris (MO: Research, Estimates) is about to do their -- at least in the first half of next year -- a partial IPO of their Kraft business. They should really awaken the market to the value of this company, the asset value of this company, where you're really getting all the tobacco side, and financial services, for free, if you value Kraft and the Miller business as they should be valued."
Sprint is trading down 38 cents to $25.88, with a 52-week high of $75.93 and a 52-week low of $21.
Philip Morris is trading up 69 cents to $36.44, with a 52-week high of $38.62 and a 52-week low of $18.68. 
-- compiled by Staff Writer Lucy Banduci
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