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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 (4088)	5/4/2000 7:43:00 PM
From: Jong Hyun Yoo	Read Replies (1) \| Respond to of 5867

Excellent News.. It is simply amazing that how the current management team has effectively led 300 mm and new product projects during last downturn given the financial trouble they had. LRCX will become even better in operational efficiency in coming quarters. Based on 30% tax rate, LRCX can boost roughly 20 ~ 23 cents per share for every improvement in the gross margin figure by 1%. Currently LRCX has GM at roughly 44% but I expect this number to rise to high 40's over the next 4 quarters. This means LRCX can add EPS of close to $1 in the next fiscal yr based on operational and gross margin improvement. The revenue figure will also increase substantially given the current robust business environment. I believe analyst forecasted EPS figures are therefore very conservative and there are plenty of rooms for the upside surprises. As Exelan and Teres ramp up in volume and becomes more mature products, gross margin of these products must rise, raising EPS figures for LRCX. Thanks for the news..