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: Proud_Infidel who wrote (3721)	12/13/1999 12:32:00 PM
From: Jong Hyun Yoo	Read Replies (2) \| Respond to of 5867

FS Van Kasper upgraded LAM from accumulate to buy! It is funny that it was only less than a month ago when they downgraded stock which caused correction in the share value. Then they upgraded LRCX right back........ The current industry fundamental is too strong to downgrade the stock even though supply/demand situation needs to be carefully monitored. BTW, as for the sale of manufacturing facilities in Korea, it will generate extra cash for LAM to develop new products and acquire additional companies in the area of CMP to strengthen the product porfolio. The new sales/marketing office in Korea will be relocating to vicinity of Seoul, the capital city of the country where LAM has an advantage of recruiting the brightest people in the industry who don't want to move away from the city to remote location in the countryside.