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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 217.89-1.3%Jan 23 9:30 AM EST

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To: Kirk © who wrote (4904)10/17/2003 12:29:50 PM
From: John Cuthbertson  Read Replies (1) of 5867
 
"(or am I missing something in how cash flow is calculated?) "

Hi Kirk,

I didn't listen to that CC, but it seems pretty likely that the cash flow number they gave would have been the Cash Flow from Operations. That is the number that people usually cite, and that number would NOT include any money taken in from options exercises, since that would fall into the category of Cash Flow from Financing. You might want to check exactly what "cash flow" figure they were citing.

==John Cuthbertson
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