Though at least part of the slowness was TI's decision to write BASIC in GPL (an interpreted middle-level language, for those unfamiliar) instead of directly in 9900 assembly, which made it even worse.
FMT Enter sub-interpreter
HTEX 'Hello, world' Displays horizontal text
FEND Exits sub-interpreter
[0] http://unige.ch/medecine/nouspikel/ti99/gpl.htm