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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (4188)7/24/2000 1:20:07 AM
From: Jerome  Read Replies (1) | Respond to of 5867
 
Technical analysis of LRCX's chart.

Haven't heard much from the TA people lately. Normally they are always spotting double tops and double bottoms,( they must be on the beach) heads and shoulders (not the shampoo), tea cups with or without handles (flea market stuff) and all that jazz.

Looking at a three month chart of LRCX I would call it " Pogo jumper on busy highway landing in open sewer"

Well its Sunday night and I'm getting bored.

Regards, Jerome



To: Donald Wennerstrom who wrote (4188)7/24/2000 6:34:21 PM
From: w0z  Read Replies (1) | Respond to of 5867
 
Donald, how about another sort of PEG ratio (your "Next year PE" divided by "Long Term Growth"? (e.g. for COHU PEG ratio would be 8/20 = 0.4) Anything below 1.0 is traditionally a good value.

BTW, what was your data source for "Next Year PE" and "Long Term Growth"? I assume it was "Earnings Estimate" (from Multex) here on SI but would like to know for sure. Thanks for posting the data!