LRCX this one looks good Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LRCX this one looks good

LRCX 155.79

-3.4%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Carl Smith who wrote (10)	1/19/1996 11:38:00 PM
From: Jim Tao	of 142

Carl, There are so many things that can affect the price of a stock, but the bottom line is still earnings. Nothing will overshadow good consistent earnings for long. LRCX WILL be noticed and their stock price WILL rise. There was news in the WSJ on line, says that in Nov. 1995 their CB bought 10,000 share total about $500,000. If the CB thinks their stock is undervalued at $50, think of what a bargain it is now! I wouldn't worry about next week too much. If the foundation of the company is good, a couple of weeks fluctuation on price is not a big deal. Think of this fact: LRCX's price is only $4 over its price one year ago, but it is a company with almost 80% increase in sales and more than 50% increase in profit/share. How bad a deal that could be? Not to mention that all the analysts say that by the year 2000 the semiconductor sales will be doubled(I think it is a very conservtive number), If semis sales will double, how come companies like LRCX do not make money? It's just simply illogical. I'm going to stay with them and I believe they will do very well in 1996,1997 and up to 2000. Happy trading

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next