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

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

LRCX 155.15

+2.1%

Nov 26 3:59 PM EST

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To: Donald Wennerstrom who wrote (4955)	2/23/2004 3:39:10 PM
From: Kirk ©	Read Replies (1) of 5867

One reason LRCX has been so profitable for me is its volatility. I think it has a smaller following so when "traders" decided to get in or out, the swings are magnified. I've done well with it, but I'm starting to feel I'll age too quickly if I keep at it for too many years. I don't think fundamentals matter much when stocks are trading as a group... I think many stocks are going down a great deal now only because they've had great gains and people dump to protect them, especially all the retail investors who've learned to "use stops." Myself, I think stops just prevent profits as the traders run them up and down to take these folks out. Kirk

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