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 (4125)	6/1/2000 7:44:00 PM
From: Jong Hyun Yoo	Read Replies (2) \| Respond to of 5867

Lam held an analyst meeting with CSFB yesterday. CSFB issued following comments this morning. LRCX at current level has a significant upside appreciation potential. Lam Research (LRCX, $32.13, BUY) Target (12 Months): $70 Business Fundamentals Continue To Be Strong - Visibility Increasing. Business conditions remain very robust. Visibility is increasing and we have a high degree of confidence in our 4QFY00(Jun) estimates of $380 million in revenue and EPS of $0.44. Street consensus is $0.43 We believe that bookings growth in 2H00 should increase 15-20% versus our previous estimate of 10-15%. In addition, we believe the company is executing well on obtaining 20% booked market share in CMP by 4QCY00. Lam is a leveraged play on increasing capital budgets in Japan. LRCX has increased market share in Japan from 10% in 1998 to an estimated 20% in 2000. At current levels, valuation is compelling with the stock trading at 14.6 times our CY01 EPS estimate of $2.20. Our price target of $70 is 32 times our CY01 EPS estimate, 120% appreciation from current levels. Annual EPS 06/01E $1.95 06/00E 1.34 06/99A (0.48)

To: Proud_Infidel who wrote (4125)	6/2/2000 9:42:00 AM
From: FJB	Read Replies (1) \| Respond to of 5867

Off Topic, I would be packing my bags right now, if I were Microsoft. Canada woos Microsoft news.bbc.co.uk As the US software giant Microsoft waits to hear whether an American judge will order its break-up, it has been revealed that the company is being encouraged to relocate its operations to neighbouring Canada. The authorities in British Columbia have offered to do a deal with Microsoft. They are promising favourable treatment which may include a loan to build a new headquarters if Microsoft agrees to move its operations 100 miles further north, to the other side of the Canadian border. Microsoft currently has around 20,000 employees in Seattle. Transferring its headquarters could have a devastating effect on the economy of the north-west corner of the United States. But it would also frustrate the American authorities' attempts to break the company up. 'Welcome asset' The Canadians see Microsoft's current battle with the US government as an opportunity to attract one of the world's most valuable companies. In a statement released to the BBC, the man in charge of attracting investment to British Columbia, Gordon Wilson, said Microsoft would be what he called "a welcome asset". It is rumoured his officials may have engaged in secret discussions with Microsoft. But the company itself denies this, saying it is focusing on fighting any plans for a break-up through the courts. The judge, hearing a long running anti-monopoly case against Microsoft, is expected to announced his conclusions within the next few weeks. It would be unlike a company as far-sighted as Microsoft not to have considered all its options and, clearly, its ultimate option if the operating environment becomes too hostile in the United States, is to move overseas. In fact, that could turn out to be the company's trump card.