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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 168.26+1.5%Dec 10 3:59 PM EST

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To: Jane4IceCream who wrote (4339)9/25/2000 9:20:20 PM
From: WTrader  Read Replies (1) of 5867
 
You're right

LRCX follows the NASDAQ closely. Recently it's been a
victim of "baby with the bathwater" phenomenon, being taken
south with the high P/E semi equips such as AMAT, NVLS, and
KLAC. Inclusion in the S&P 400 on Oct 2, and what should
be an excellent earnings report on the 12th should provide
good support for LRCX. Then if we get the customary rally
which begins sometime in October, and lasts through the
early part of the new year LRCX may make it to 50.00. That's my bet anyway. I'm a long term investor with high
hopes for this stock.

Good luck,
WTrader
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