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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 (4111)	5/24/2000 12:21:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 5867

Just bought some more shares at 25 7/8.....I have no more cash! Me too. (except I still have cash left) ;) Last year I sold some at LRCX $84 ($28) to lock in gains in case we tanked after Y2K on profit taking. I sold enough to get 1.5x my original investment out. Well, I bought back two thirds of those shares today at a price I didn't think I would see for a long time... $24 7/16ths and did it in my IRA. I'll probably give them back before we get to new highs... but that would be more than a double from here. Amazing.. Thanks to the shorts for knocking this one down really far! I think buying at a p/e of 10ish (on next 4 quarters earnings) and a 40% growth rate is better than KMart! Kirk