Israeli shares on Wall Street are trading mixed with a negative bias as Tuesday's session kicks off on a downward trend. The Nasdaq Composite index has fallen 0.6% and the Dow Jones has shed 0.2%.

The Nasdaq's current slide is being ascribed to yesterday's announcement by chipmaker

Texas Instruments

(NYSE:TXN) that its results for 2000 have fallen short of analysts' forecasts. The company posted fourth quarter earnings of 31 cents, missing the First Call/Thomson Financial estimate of 33 cents. In addition, the Texas Instruments management team has warned that the firm's revenues for the first quarter of 2001 are expected to be 10% lower than they were in the fourth quarter of 2000. Meanwhile,

ECI Telecom

(Nasdaq:ECIL) has lost 16.5% to $13 after the company yesterday released its second profit warning for 2000. ECI's revenues for 2000 are expected to reach between $1.16 billion to $1.17 billion. That's short of analysts' forecasts of $1.3 billion.

ECI's management has also announced that it intends delaying the flotation of its five subsidiaries. Jonathan Kolber, CEO of

Koor Industries

(Nasdaq:KOR), ECI's parent company, said that given the current market conditions it is possible that the flotations will not take place at all during 2001.

Today's winner is the DSPG Group (Nasdaq:DSPG), which has added 4.6% to its share price reaching $25.6. At the close of trade yesterday the firm released its financial results for the fourth quarter of 2000, which were in line with earlier predictions. But today, the company slashed its forecasts for 2001.

The company says it has been affected by the general market slump, and analysts have downgraded their forecasts for 2001 accordingly. Investment house J.P. Morgan H&Q forecast that the DSPG Group's sales in 2001 will total $125 million, and that its EPS will total $1.11. That's in contrast to a previous sales forecast of $144 million and an EPS of $1.3.

WR Hambrecht

has forecast that DSPG shares will not rise significantly during the first half of 2001, but reiterated its price target of $35, which is 43% higher than stock's opening price today. The bank is sticking with its price target as it expects an improvement during the second half of 2001.

AudioCodes

TheStreet Recommends

(Nasdaq:AUDC) has dropped 8.9% to $14.7 after releasing its results for the fourth quarter of 2000 earlier today. Sales reached $22.5 million, which is 130% more than in the same quarter of 1999, and the firm's net profit reached $8 million. The results are in line with analysts' revenue forecasts. The EPS is 19 cents, which is also in line with analyst forecasts.

Nonetheless, investment houses have cut their 2001 forecasts for the company.

Goldman Sachs

has predicted that the firm's revenues in 2001 will total $106 million against the $71.8 million in revenues posted by the company in 2000. In its previous forecast, the bank had predicted that AudioCodes' sales would reach $124 million, representing a 50% growth, but this is an ambitious outlook given the current market conditions.

M-Systems Flash Disk Pioneers

(Nasdaq:FLSH) yesterday released its results for the fourth quarter of 2000. Its shares have now fallen 8.3% to $12.4. Although the company met its revenue and earnings forecast for the fourth quarter of 2000, the company's executive yesterday warned that revenues in 2001 would be sharply lower. Consequently,

Salomon Smith Barney

has downgraded its rating from a Buy to an Outperform, and slashed their price target from $80 to $18, which is still 45% above stock's current market price.

Tioga Technologies (Nasdaq:TIGA) has added 36.5% to $2.3, and

NetPoint Internet Retailing

Netro Corporation

(Nasdaq:NTRO) is off 6.6% to $8.

BreezeCOM

(Nasdaq:BRZE) has fallen 4.9% to $14.5.