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: FJB who wrote (4050)	3/23/2000 10:11:00 AM
From: Proud_Infidel	Respond to of 5867

Thu Mar 23 LRCX Alert: Lam Research Chief Comfortable With Current Q3 Earnings, Revs Guidance (NasdaqNM:LRCX) - Reuters Securities

To: FJB who wrote (4050)	3/23/2000 10:43:00 AM
From: Proud_Infidel	Respond to of 5867

More details: Lam Research chief at ease with Q3 guidance NEW YORK, March 23 (Reuters) - The chief executive of semiconductor equipment maker Lam Research Inc. (NasdaqNM:LRCX - news) on Thursday said he was comfortable with the company's guidance for third-quarter results, which includes a forecast for a profit compared with a year-earlier loss. ``We are comfortable with our guidance,' Chairman and Chief Executive Officer Jim Bagley told Reuters in an interview at the SEMInvest conference here. Bagley said the company's current guidance calls for revenues of $325 million and earnings of 35 cents per share, taking into account a recent three-for-one stock split. Lam lost 13 cents per share in the same period a year ago. Bagley said he saw the potential for a shortage of DRAM, or dynamic random access memory, chips toward the end of this year, similar to what occurred toward the end of 1999. ``It's hard for me to see that there won't be a shortage of DRAM at the end of the year,' he said. He said DRAM will still be available in a shortage, but the price will rise, perhaps to $10 to $11 for 64-megabit DRAM chips, the same level seen at the end of last year. The price might not reach that level if DRAM makers can cut their production costs, Bagley said. Lam shares were up 2-7/32 at 53-1/32 in early trading on Nasdaq.

To: FJB who wrote (4050)	3/24/2000 9:42:00 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 5867

Lam Research's Bagley on Chip Prices, Tool Supply: Comment By Cesca Antonelli New York, March 23 (Bloomberg) -- Jim Bagley, chief executive of Lam Research Corp., talks about prices for computer-memory chips and the potential that shortages of key tools might derail the chip-equipment industry's current recovery. Lam, based in Fremont, California, makes machines used to build circuits on semiconductors. Bagley made his remarks at Semiconductor Equipment and Materials International SEMInvest conference in New York. On prices for dynamic random access memories, the most common memory chip in personal computers: ``If the substantial year-over-year (PC) growth continues for the rest of the year, along with other products where there's continued growth, I don't think there's any question. There's going to be a shortage of DRAM. Now, I don't think anyone who desperately wants DRAM will go without them. It's the prices that will be difficult. ``The depression of prices (this year) has been greater than anticipated because you couldn't get microprocessors (for PCs) to ship DRAM for, so that built inventories. By the end of the year, DRAM is going to be in short supply.' On whether there will be a shortage of lithography equipment used to transfer chip designs onto wafers: ``A lithography shortage would absolutely affect our demand. They're struggling under the same ramp we are, but lithography will be available. Maybe not exactly when the customers would like it to be, which is typically a while before they actually need it.'

To: FJB who wrote (4050)	5/1/2000 11:47:00 AM
From: FJB	Read Replies (1) \| Respond to of 5867

May 1, 2000 Dow Jones Newswires Intel Weighs $2.5B-$3.5B Israeli Plant Expansion - Govt Dow Jones Newswires JERUSALEM -- Intel Corp. (INTC) is interested in expanding its microprocessor plant in southern Israel, and approached the Finance Ministry Monday for a government grant to subsidize the $2.5 billion to $3.5 billion investment, the Finance Ministry said. A ministry spokesman said he didn't know whether the requested subsidy totaled 20% or 24% of the overall investment. Intel representatives couldn't be reached immediately for comment on the expansion plans. The $1.6 billion Intel plant in Kiryat Gat was built with a controversial $600 million Israeli government grant. Critics said Intel didn't deserve such a heavy state subsidy. Intel representatives told Finance Minister Avraham Shochat that the expanded plant could employ an additional 2,000 to 3,000 workers and export an additional $2 billion annually, the Finance Ministry said. Shochat said a government task force would be set up immediately to consider Intel's grant request. An Intel spokeswoman later said the company needs greater production capacity, but won't necessarily expand in Israel. The expansion will be carried out at the site where it is "most economical and competitive," she said. Ireland is another possibility. The spokeswoman said she thought the company wants to start building a plant expansion beginning next year, but that Intel hasn't set a deadline for an answer from the Israeli government regarding a possible grant.