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

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

LRCX 162.77

+2.6%

Dec 8 3:59 PM EST

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To: Duker who wrote (2870)	5/17/1999 12:54:00 PM
From: Mort	Read Replies (2) of 5867

RESEARCH ALERT - Salomon cuts semi equipment cos May 17, 1999 11:50 AM NEW YORK, May 17 (Reuters) - Salomon Smith Barney said Monday it downgraded four semiconductor equipment companies to outperform from buy. -- Downgraded companies are Applied Materials Inc. AMAT , KLA-Tencor Corp. KLAC , Lam Research Corp. LRCX and Novellus Systems Inc. NVLS . -- Said sees flattening industry orders at the end of 1999 and early 2000. -- Applied Materials shares fell 1-1/16 to 59-5/8, KLA-Tencor fell 1-5/8 to 49-7/8, Lam Research fell 1-5/16 to 29-1/2 and Novellus fell 2-11/32 to 51-11/16. ((-- Wall Street desk, 212-859-1730)) REUTERS

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