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

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

LRCX 214.65

+2.3%

12:46 PM EST

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To: Proud_Infidel who wrote (3520)	10/21/1999 10:41:00 PM
From: Henry Eichorszt	Read Replies (1) of 5867

FROM BRIEFING-After the close, Lam Research (LRCX 77 1/16 +2 7/8) posted a blow out report, gaining $0.58, a full ten cents better than the consensus estimate... Company lost $0.70 in the year-ago period... Q1 earnings of $0.58 a share, a dime above the First Call mean, vs a yr-ago loss of $0.70... Revenues rose 70% yr/yr and 15% sequentially... Though stock has had an impressive run into its number, magnitude of upside surprise leaves stock positioned for additional gains over next few days... Afterwhich, look for stock to succumb to some profit-taking... Stock up over 330% year-to-date.

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