TEXAS INSTRUMENTS: Stock will be under pressure this morning as it just announced its first-quarter sales will not meet forecast. Sort of a surprise since Nokia (Research) is T-I's biggest customer, and the giant Finnish telco maker had recently made sales gains. TXN (Research) was down almost 4% this morning and I think that represents a buying opportunity, and here's why. T-I is the biggest maker of mobile phone chips in the world. Obviously this is a great business. Company is big in 3G technology and sales are going boffo there too. (This stumble has nothing to with Intel's gaffe the other day.) A buying opportunity.

KRISPY KREME: Has a new CEO. Daryl Brewster, a former Kraft exec, will now try to clean up the mess (lick the sugar off the fingers?) of this company. (This one always kills me because I wrote a high-profile cover story in FORTUNE describing how the company was hot. Well, it was.) Funny that Stephen Cooper, the turnaround artist who came in to right the ship, has stepped aside as CEO and will now become the company's Chief Restructuring Officer. Hmm, CRO, that's a first for me! Here's the big question. Does Cooper moving aside mean the company is out of the woods? Could be. But I would go easy. Brewster might find new badness, or want to put in play a new plan or go bankrupt. It's still too early to nibble on KKD (Research) ($6.39 a share), but this could be a turning point. Watch this one. If Brewster starts making gains, you might want to jump.

SUPERVALU: This company is buying supermarket giant Albertson's (Research) for almost $10 billion. The deal has yet to close, but in the meantime Albertson's continues to suck wind -- announcing this morning that fourth-quarter profits fell 16%. Competing against Wal-Mart is of course a huge problem -- WMT (Research) has opened up 1,000 SuperCenters (which of course sell food) since 2000. But Albertson's can't just blame Wal-Mart. It's not impossible to compete against the Beast of Bentonville. Whole Foods on the high end, doesn't go up against Wal-Mart. And actually Safeway and Kroger have been more successful at sparring with Wal-Mart too. Both reacted more quickly. Kroger aggressively cut prices and Safeway is taking a page out of Whole Foods' book and moving a bit upscale. I think Albertson's is going to be tough to fix and will be a drag on SuperValu (Research). I would stay away.

Loose Change: What are your favorite rock-and-roll movies? Gimme Shelter? The Harder They Come? E-mail me!!... As for TV shows: Mark loved Gomez blowing up trains. Gregory says Bewitched trumps Jeannie. Richards goes with Starsky. RJ recalls that "seeing Herman [Munster] acting like a 3-year-old having a temper tantrum still makes me laugh." Mark offered some others: Beverly Hillbillies over Green Acres (Elly May's critters and the ce-ment pond!). Dave's choices? Munsters (by a country mile), Bewitched, Starsky n Hutch (though would really prefer "Car 54 Where Are You?")......CORRECTION: Last weekend on In the Money, I said that film director Lena Wertmuller directed "Triumph of the Will." She did not. It was directed by Leni Riefenstahl. Apologies. Burns me up because I knew that one....

----------------------------------

E-mail Andy Serwer at serwer@fortunemail.com