SI
SI
discoversearch

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 : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 224.52+0.9%12:29 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 16yearcycle who wrote (5233)2/17/2005 10:03:58 AM
From: Kirk ©  Read Replies (1) of 5867
 
RE: "Since I think it is ridiculous to compare lam and amat I though comparing it to tasr was even "better."

I own both. Given I had significant funds taken out in 1999 and 2002 to "redeploy" into the sector, I had choices of what to purchase. I chose LRCX and have been pleased with the relative out performance. I think you make more money buying what is driven down more due to lack of premium for "everyone knows it is a leader."

RE: "Like Cary, I made a ton of money on Lam so I have no grudge there, but I never mistook it, LRCX, for the quality of klac, amat or nvls"

Well, from what I can tell, LRCX adopted to the New World Order of moving labor out of Silicon Valley and only keeping design in-house quicker than the others. As such, they are showing better profits earlier in the cycle. They also cut their losses in CMP rather than pour good money after bad into something they were not a leader in. To me, those are signs of excellent management. I don't recall anyone here saying LRCX was in multiple markets like the others. We just said it was the stock to make good money with.

The final reason I own LRCX is they make the tool that is in demand for the process changes we've been seeing. When you add layers to chips, you don't need more implanters per wafer, but you do need more etch tools (and deposition, plus CMP). I thought this choice was a no brainer way back in 1998... buy the company that makes a good tool in the area where there will be above sector tool growth. I may still buy NVLS when I see they've digested SFAM and have a good CMP tool making profits.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News