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

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

LRCX 157.46

-2.2%

Oct 31 9:30 AM EST

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To: Kirk © who wrote (5864)	10/18/2017 11:01:01 AM
From: zzpat	of 5867

I've never been a fan of stock buybacks unless the top and bottom lines are growing for a significant period of time. IMO, CEOs should be pumping money into their workforce and R&D, not giving money to investors. If the buyback results in a rising market cap then it's a very good sign (for me). Far too often stock buybacks are used to hide the incompetence of CEOs since the stock should technically rise after a buyback. LRCX has a very strong market cap after buybacks so again, not a big problem. MacroTrends

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