LRCX this one looks good Message Board

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Technology Stocks : LRCX this one looks good

LRCX 222.54

-0.1%

10:24 AM EST

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To: RON FARRELL who wrote (1)	1/11/1996 8:04:00 PM
From: Jim Tao	of 142

Ron, I'm in for the entire ride too. Jumped in @$40.75 and lost more than 19% in two days. But I have great confidence on this company. I've talked to their IR and they are very bullish about their out look for the next two years and they are the leader of etch machine(I think both on technology and market shares) which according to data quest could increase sale from 4.9 billion 1995 to about 7 billion in 1996. This is long term. For short term, they say that before the "quiet" period, they are very confortable to meet the analyst's expetations and even "higher". The market is both irrational and rational. that's why it is been called "market". Regardless of the Wall street has lost their love for tech stocks, I think the "rational" side of the market wil come back to good tech stocks like LRCX etc. Happy Tradding! Jim

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