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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (10314)	8/3/1999 10:26:00 AM
From: Rande Is	Respond to of 57584

Kevin. . .LRCX would make a great short here at 55, in my opinion. 52-wk high = 57 13/16 52-wk low = 8 3/8 Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world's semiconductor industry. I would be keeping one eye on INTC. . .profit taking today after yesterday's big move. For the nine months ended 3/31/99, revenues decreased 47% to $437.1M. Net loss increased 58% to $124.3M. For the 12 months ended June 30, 1999, the company reported a net loss of $54.5 million or $1.42 per share on revenues of $648 million compared to an after tax loss of $0.3 million ($0.01 per share) on revenues of $1.05 billion for the previous fiscal year. Financials are out. . .the company has returned to profitability when considering EBITDA, etc. . . but unless there is some important pending news that I am unaware of. . . there is no other reason for this dizzying price on LRCX. Rande Is