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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 (4104)	5/18/2000 3:47:00 PM
From: Jong Hyun Yoo	Read Replies (2) \| Respond to of 5867

Brian, many industry news certainly reveal extremely good business fundamentals. Recent weakness in the share price are mainly due to general market conditions and some concerns that equipment business may be peaking. While I have no idea when the market sentiment can turn more bullish about the tech stocks, I do believe that equipment business still has a plenty of fuel left to be burned. Currently the demand for the chip is coming from the production for flash memory and wireless chips. LRCX has a very strong presence especially with flash memory makers such as STM Micro and Hyundai as well as Samsung. LRCX might be also making some in-roads with Intel flash memory production facilities as well. I expect later this year, spending from chipmakers in Japan for consumer electronics area and DRAM manufacturers in Korea to boost capital spending and aggressively ramp the the installation of new tools. Booking trend could accelerate towards the end of this year. hang in tight..I think LRCX could surpass its old highs by late Sept time frame..