This column was originally published on RealMoney on July 25 at 10:52 a.m. EDT. It's being republished as a bonus for TheStreet.com readers.After last week's slightly ambivalent comments from Nokia ( NOK) and Qualcomm ( QCOM), investors were relieved to see Texas Instruments ( TXN) nail both revenue and earnings numbers cleanly. Monday evening, TI reported EPS at 47 cents, meeting estimates, and revenue at $3.7 billion vs. a $3.68-billion consensus. The results were enough to trigger a short-covering rally on Tuesday; TI shares were recently up 5% to $29.24. But is it enough to carry the stock anywhere close to its spring heights? I don't believe so. Telecom investors looking for an inflection point may have found it. The handset guidance landscape is muted, and the emergence of certain pockets of weakness in the mobile network market does not seem to be a coincidence.