Lam Research Stock Swap? Message Board

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Technology Stocks : Lam Research Stock Swap?

NVLS 2.400

+2.1%

Jul 24 5:00 PM EST

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To: Paul Moerman who wrote (3)	8/27/1996 10:10:00 PM
From: John Ellis	of 13

Paul, I am long on LRCX but the news appears to be getting worse. I may trim my position 1/3. Short interest on LRCX in today's WSJ is up about 10% - from 2.8 to 3.1 million shares. Some would say this is bullish but I am not sure I would. There are some doubters. At one time I covered LRCX with puts but it was higher then. Somewhere in this forum $15 was mentioned. I would like to think that's a stretch but I thought $30 was also. John Ellis

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