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

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

LRCX 220.40

+1.0%

3:59 PM EST

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To: Proud_Infidel who wrote (5295)	5/2/2005 1:02:51 PM
From: All Mtn Ski	Read Replies (1) of 5867

Well, its no secret that I'm not positive on the markets and I'm certainly the only bear on this board. <g> LRCX hasn't been spared in past downturns, looking at a 5 year chart, LRCX went to $7 during the last downturn, actually $30 to $7 in a 6 month period. Not a pretty move for longs: bigcharts.marketwatch.com Certainly if we get another downturn, a move like that cannot be ruled out, and large downward moves also happened in '98 and '96, the volatility of these semi capex names is what makes them great traders, but not LTB&H. A-M-S

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