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To: Bob Kim who wrote (82355)10/28/1999 10:06:00 PM
From: Bill Harmond  Respond to of 164684
 
I don't know enough about Lam. I've focused on Novellus because of its discount to the group, its share gains at the expense of AMAT, its balance sheet, the move to copper deposition (where Novellus is the share and performance/price leader) compounded by growth in demand for overall capacity.

Warren Buffett says if you can make the case in one sentence...