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

To: Kirk © who wrote (3242)	8/14/1999 10:43:00 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 5867

Kirk, Cheer up:-) Let's not forget that in JB's opinion, the actual recovery will not begin until '00 and last approx 3 years. So keep some of that exhuberance bottled up- you're gonna need it<g>. BTW, if I did my job as poorly as this, I'd get a pink slip in no time: techstocks.com Excerpt: Q: Would you care to mention a particular short? A: Our one short in this space is Lam Research. They have lost market share to both Applied Materials and Novellus over the last several years. They have undergone a fair amount of restructuring in the past year as a result of that. It is not clear to me that restructuring has necessarily positioned them for revenue growth yet. And in fact, I believe in the next couple of years their revenue growth rates are likely to be quite a bit lower than the better-positioned companies. Q: The stock is where? A: In the low 30s. Q: What is your target? A: I think it can get down into the low 20s. It has been as high as 39. Basically, consensus expectations for revenues for next year are in the $850 million range Better luck next year Rajiv:-)))))))))) BK