Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (3161)	7/30/1999 11:42:00 AM
From: Jong Hyun Yoo	Read Replies (1) \| Respond to of 5867

What a way to close the week. LRCX is up more than 7 with heavy volume. I did some rough calculation to see what earning potential of LRCX for this fiscal year. Based on yesterday comments from Bagley, LAM is did 210 million in revenue number and 28 cents EPS for last Q. With current operational leverage, LAM generates about 10 cents (this could improve) for every incremental 10 million in the revenue number. The guidance for next Q was 240 million and EPS of roughly 50 cents per share. If LAM adds 20 million to revenue number quarter to quarter for this fiscal year ( which would be low estimate for the second half of the year), EPS for this coming quarters will be 70, 90, 1.10 cents for Q2, and Q3, and Q4 respectively. This adds to be about $3.2 EPS for this fiscal year. Given PE of roughly 25, we should be trading around $80 per share early next year. You see, today is huge rally still have much much more room to go. As I have said before, I am smelling a split some time early next year. I am happy to say good time for LAM is finally here.