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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 159.81+1.7%10:07 AM EST

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To: Duker who wrote (2792)6/15/1999 3:25:00 PM
From: Duker  Read Replies (1) of 5867
 
Most Recent Job Posting Data Up Sharply Since the Last Report

I was floating about the every expanding cyber universe and decided to update one of the most sophisticated LLIs (Leading Lam Indicator): Web Site Job Postings.

The data are quite encouraging. We have 52 job postings on the site. This is up substantially from the 23 postings in late April (which itself was up 21% from the 19 postings in the prior period). The current period's postings represent a 126.1% sequential increase. They also represents a record since we started tracking the LLIs (the database tracks historic information since April 1999).

As has been proven with in-depth regression analysis, stock price movement is very highly correlated with web site job postings (see Sharpe, Miller, Duker, et. al., "Heteroscedasticity and Security Prices in a Wired World -- White Noise Explained," Journal of Obscurity, Volume II, February, 1999). The subsequent predictive modeling based on this landmark study has proven to be highly effective in real world applications.

Though it would be too simplistic to assume that the stock price should soon experience an increase of 126%, the data would clearly support such a rise.

--Duker
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