Yup, agree on the "health insurance" though but the whole idea of "health insurance" is a scam. You buy insurance for fires and auto accidents where you pay lower rates if you drive carefully and the government puts out the fires for you no matter who causes it. The police protect our homes from "invaders" so why shouldn't the health care system be run the same to protect us from viruses, cancers, etc. that invade our bodies? It should be collective in a fair society.
The idea that you need to pay "insurance against getting old and dying" is absurd. Medicare does a "decent" job of addressing this but I'd like a more integrated system that has you paying "rates" much like auto insurance when young where having good habits gives you a lower rate but if you want to eat a lot of crap or drink a lot of booze, the taxes on those products pay for the required health (mental and physical) years later.
This is a whole different debate that I don't have time for now or want to have here now since I'm trying to figure out how to write a newsletter that discusses fundamentals to match resistance and support levels to trade my stocks... when the estimates are now worthless?
investor.lamresearch.com
MARCH 17, 2020
View PDF
FREMONT, Calif., March 17, 2020 (GLOBE NEWSWIRE) -- March 17, 2020 - Lam Research Corporation (Nasdaq: LRCX) (the "Company," "Lam," "Lam Research") is providing the following business update.
On March 16, 2020, multiple bay area counties in California issued a “shelter-in-place” order, which requires the Company to temporarily stop on-site work at its Fremont and Livermore locations for three weeks effective March 17, 2020. Additionally, Lam has supply chain activities in Malaysia, and on March 16, 2020, the Malaysian government issued an order to close certain business activities from March 18 through March 31, 2020. The implementation of these orders prevents the Company from manufacturing products at its Livermore and Fremont, California facilities and receiving required parts from key suppliers. These government directives may impact our ability to meet our March quarter financial guidance. The March 2020 quarter financial guidance we provided on January 29, 2020 reflected the best information available as of that time, but due to the disruptions and uncertainties resulting from these recent actions, the Company is withdrawing its prior financial guidance for the fiscal quarter ending March 29, 2020.
As we closely monitor the impact of the COVID-19 virus, our top priority remains the health and safety of our employees and partners. The situation is evolving, and we will provide more information during our next earnings call.
About Lam Research ... |
