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: Henry Eichorszt who wrote (3536)	10/22/1999 12:03:00 PM
From: Peter Sherman	Read Replies (1) \| Respond to of 5867

FWIW, IMHO -- the earnings were known, roughly, to many holders of bigtime amounts of stock - not a real surprise do not waste thread space or your valuable time on retail analysts - there stuff is ALWAYS garbage - the real analysis is done behind the scene at asset managers, private investors and the like - they would never tell you what they know - they fly to the companies and speak with management at the highest levels and they do not talk to small guys like us - these asset management folks usually have multi-million dollar minimums to be a client, and someone who is giving 5, 10 or 20 millions to someone to manage is buying CONFIDENTIALITY

To: Henry Eichorszt who wrote (3536)	10/22/1999 12:21:00 PM
From: Kirk ©	Respond to of 5867

I dedicate hamsterdance.com to all the lemmings that are now singing high praise to Lam Research! Where were they when Lam was at $12, $10 or $8 --> below book value? I remember doing calculations of cash burn rates vs. book-value and we were buying this stock so cheap last fall it was amazing. Still looks good too as these analysts point out. Only the performance from here on won't be another 8 bagger... Where were they when it was trading at $30 AFTER Bagley showed he had a handle on the business model? Thank goodness for lemmings as the smart investors can see through the smoke and make even bigger returns! Yes, they wait for the "safe play" and upgrade after an 8 or 9 bagger....Safe to say the company has a clue after doing that. 8) I put up a pretty cool chart here: suite101.com Fun to be on the winning side of a great stock, eh? 8) Kirk