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


To: Proud_Infidel who wrote (3398)10/12/1999 7:46:00 PM
From: Jong Hyun Yoo  Read Replies (2) | Respond to of 5867
 
Today LRCX share price has touched the intraday high of
74 9/16. This is the highest price that LRCX has traded
in its history. Congratulations to everyone here who
remained long. I still believe that there is an additional
upside potential with LAM. Trading at all time high, maybe
LRCX will announce a stock split in the near future.

I also have listened to NVLS conference call. It was a very
bullish conference call confirming a very robust environment
for the semi equipment companies. I have noted 50% of NVLS
revenue for this Q came from system shipments to Asia-
Pacific region namely Korea and Taiwan. Lam traditionally
has a very solid business in this region and hence I believe
LAM can also give upbeat and solid earning report in a week
or so. Good luck to everyone.