Lam Research (LRCX, NASDAQ): To the Insiders Message Board

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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders

LRCX 165.55

+3.1%

1:15 PM EST

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To: oexplayer who wrote (2052)	9/2/1998 12:35:00 AM
From: Jong Hyun Yoo	Read Replies (1) of 5867

Go to yahoo's insider activity section on Lam. You will see that all Lam's insiders have been aggressively accumulating Lam shares. I have yet to see any other semiconductor equipment companies whose insiders have been as aggressive as Lam's in purchasing its own shares. CEO Jim Bagley brought about 40,000 shares at around $22 a share and President Steve Newberry purchased 10,000 shares at around the same price. I am sure that they thought that the stock was undervalued at 22. So Today's price of 12 must be a great deal. Think long term and just accumulate as much as you can at this level.

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