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

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

LRCX 222.87

+2.5%

3:59 PM EST

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To: Proud_Infidel who wrote (3561)	10/27/1999 4:11:00 PM
From: Duker	Read Replies (2) of 5867

Whew! Great news: I was feeling pretty uneasy until I read the following from our friends at S&P. --Duker Lam Research's Outlook Boosted To Stable From Neg: S&P NEW YORK (Dow Jones)--Standard & Poor's said it revised its outlook on Lam Research Corp. to stable from negative. S&P said the ratings for Lam Research reflect the company's "good position in certain niche semiconductor processing markets and good liquidity, offset by aggressive competitive conditions. "The revised outlook recognizes substantial sales recovery and improved profitability as its served market emerges from a three-year recession. "Recovery in Lam Research's target market, and its expected level of revenues and earnings should continue to support the current rating. "Competitive pressures are likely to limit higher ratings over the intermediate term," S&P said.

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