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

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

LRCX 218.30

+8.6%

Jan 9 9:30 AM EST

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To: All Mtn Ski who wrote (4685)	8/1/2001 10:11:19 AM
From: BWAC	Read Replies (1) of 5867

<Can anyone tell me why> Take your pick: A.) the stock price bottom was months ago. B.) Everyone has bought expecting an imminent turnaround C.) Everyone might just turn and sell such a turnaround D.) The turnaround can't start until these fall to the normal depressed levels we all expect. E.) Who knows. Logic has left the building. All I know, everytime I have bought at the current price to sales ratio etc. I have been wrong. Many of these companies are just now hitting their first negative quarter of EPS in the down cycle. If I remember correctly we did some sort of mid price point pause like this last time before dropping to new lows as a second negative EPS quarter came out. Then it was buy time.

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