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

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

LRCX 159.33

-1.8%

Nov 7 9:30 AM EST

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To: etchmeister who wrote (5610)	3/5/2007 1:26:30 PM
From: niek	Read Replies (1) of 5867

Lam expects to gain etch share this year Mon Mar 5, 2007 SAN FRANCISCO, March 5 (Reuters) - Lam Research Inc., a supplier of tools for making microchips, said on Monday it expects to increase its market share in etch equipment to 50 percent in 2007 from 46 percent last year. "The market share story for us is a very positive one for us in etch this year as we transition from 90 nanometers to 65 nanometers," Lam Chief Financial Officer Martin Anstice told a Morgan Stanley investment conference. Etch refers to Lam's main products that etch circuitry on silicon wafers, and Anstice said the company had a 46 percent share at the end of 2006. Companies like Lam are selling more equipment to make chips with circuits just 65 nanometers wide, the latest step in shrinking dimensions from the previous generation using 90-nanometer technology. Shares in Lam rose 1 percent to $43.93 in early afternoon trading on the Nasdaq after Anstice made the comments. The company's competitors include Applied Materials Inc., the world's biggest chip equipment supplier, and Tokyo Electron Ltd. of Japan. Semiconductor equipment stocks have fallen over the past few months on concerns that memory chip makers will scale back capital spending this year after rapid expansion last year.

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