Mr. Pushout - you would think Samsung would be "exploiting" the situation in Japan - That's what one would expect.
I suppose he still has a job - same shit - different toilet
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Lam Research: Citi Sees Push Outs From Samsung, Shrs Slide - Tech ...
Nov 10, 2010 ... Lam Research (LRCX) shares are trading lower after Citigroup analyst Timothy Arcuri asserted in a research note that Samsung is likely to ...
blogs.barrons.com/.../lam-research-citi-sees-push-outs-from-samsung-shrs-slide/ - Cached
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Semi Equipment: Samsung Pushing Out Some Tool Orders, Citi Says ...
May 15, 2007 ... Samsung has pushed out some order for semiconductor back ...
blogs.barrons.com/.../semi-equipment-samsung-pushing-out-some-tool-orders-citi-says/ - Cached
Acuri's favorite theme
By Eric Savitz
Lam Research (LRCX) shares are trading lower after Citigroup analyst Timothy Arcuri asserted in a research note that Samsung is likely to push out orders and delivery for equipment targeted at DRAM capacity expansion. He says Samsung is pushing out $750 million to $1 billion of equipment orders – and he contends that Lam is the company most exposed to the move.
Arcuri is cutting his forecast for Lam’s FY June 2011 EPS to $5.24 from $5.46, “due to its heavy Samsung exposure and very limited backlog.” He notes that Novellus (NVLS) and ASML (ASML) also are “highly leveraged” to Samsung.
Apr. 7 2011 - 10:27 am | 50 views | 0 recommendations | 0 comments
By ERIC SAVITZ
Shares of semiconductor equipment maker Lam Research (LRCX) are trading lower this morning on bearish comments from Citigroup analyst Timothy Arcuri.
The Citi analyst writes in a research note that Samsung has decided to push out orders for some equipment that would have been recorded in the company’s June quarter. He says Lam’s March quarter results “should still be strong,” but that June will be materially affected by Samsung’s plans to cut capital spending by about $1 billion. He sees about $100 million of shipments at risk. In short, Arcuri contends there is “a particular risk of bad news” for Lam.
Arcuri cuts his EPS forecast for the fiscal fourth quarter ending June to $1.24, from $1.30, well below the Street consensus at $1.39. For calendar 2011, he now sees $4.37, down from $4.89, and below the Street at $5.51. For the June 2012 fiscal year, his new forecast is $3.47, down from $4.05, and sharply below the Street at $5.50. |
