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

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

LRCX 165.84

+1.9%

3:59 PM EST

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To: Kirk © who wrote (4822)	7/26/2002 9:03:48 AM
From: Jerome	Read Replies (1) of 5867

Kirk, I hope this does well for you.... Here is my take.... Special charges magnified the loss and can't be ignored. A loss is a loss no matter if it is special or routine. What's to say there will not be a list of special charges next quarter? If you lose money from your billfold while at work or in Vegas it plays out the same. Next quarter expect earnings of 1 to three cents. Big deal! There are lots of companies trading under $5.00 a share with better earnings. Earnings or the lack of them do matter The overall market shows no sign of recovery...Why would LRCX be an exception? In your favor is the fact that LRCX is a good covered call write and this will help generate some income from your position. (if that is your intention). I hope it all works for you. JMO...Jerome

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