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 159.33-1.8%Nov 7 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wasWoody_Nickels who wrote (5519)7/24/2006 12:40:10 AM
From: etchmeister  Read Replies (2) of 5867
 
Now if we can get the 'options as compensation' monster
under control, life should be much better.

But you still need to compensate - you can't expect them working for free.
Are you willing to compensate in case they work very hard but fail for whatever reason (perhaps a reason out of their control?)
Employees taking option based compensation is a risk for employees because they can work their butt off without even coming close seeing a nickel in overtime.
Money is not really a motivator - it's by product for putting in long hours

But the analysts were very slow to
recognize Lam's new 'lean and mean' production abilities,
as shown by Lam's P/E lagging for many qtrs near 10, while
other SCEs were >20.
I recall several years ago Bagley et al made a presentation on how the new business model would work - specifically what would happen to margins when bookings/shipments increase.
From what i recall:
the analysts did nort believe it and their comment was "how much can Lam squeeze teir suppliers to increase Lam profits" - well you don't squeeze your suppliers to death because in long term it will kill you.
There is a great deal of lack of common sense and how to run a business in the real world among the financial community that "follows" SCE - unfortunately we are stuck with these individuals who probably never have seen a clean room from the inside - well; that's just like the cookie crumbles I suppose n
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News