LRCX this one looks good Message Board

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Technology Stocks : LRCX this one looks good

LRCX 220.64

-1.0%

1:52 PM EST

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To: Jim Tao who started this subject	1/11/1996 5:16:00 PM
From: RON FARRELL	of 142

I liked LRCX at $43.50 when I bought it. It looks like more of a bargain now. In the short-term, the recent downward volatility may continue as all of Wall Street has lost their love of the technology sector. This has been going on since September/October, so I am hopeful that we are reaching an end to this "correction". There maybe some concern over growth rates in '97 and beyond. Most of the recent fab announcements will begin production in '97, and there is fear of over-capacity. I do not share this point of view. The demand for semiconductors over the next 5-years or more looks very good. We may expeience short-term spikes along the way, but I'm in for the entire ride.

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