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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 (4246)	7/31/2000 9:54:18 AM
From: Jerome	Respond to of 5867

>>Someone besides me like Lam!!!!!<< I think that we are the two posters most often pounding the table on LRCX. LRCX represents my biggest holding in shares and dollars. I do write some covered calls against it but the idea here is to use the call premium to buy more shares. I can see LRCX doubling from here, whereas AMAT might appreciate a mere 50% by the years end. Its tough knowing that you are right while the rest of the investment community says you are just spitting in the wind. Regards, Jerome

To: Proud_Infidel who wrote (4246)	7/31/2000 7:03:20 PM
From: FJB	Read Replies (3) \| Respond to of 5867

This is strange. The SSB sector downgrade was largely based on tantalum capacitor price declines, presumably due to oversupply, but NEC is claiming it can only meet 80 to 85 percent of demand. Kemet also feels the need to add 85,000 feet of manufacturing floor space. So if tantalum capacitors are in a state of oversupply, why are these companies investing in production capacity? _________________________________________________________ eet.com NEC boosts tantalum capacitor production By Anthony Cataldo EE Times (07/31/00, 2:41 p.m. EST) TOKYO — Responding to a component shortage fueled by sales of mobile devices, NEC Corp. said it will spend more than $18 million to boost production of tantalum capacitors at a subsidiary in Thailand. ... NEC's decision to invest in additional tantalum capacitor production comes amid a continued shortage of the components, which is being driven by strong demand from makers of portable devices like cellular phones and mobile PCs. Currently NEC is only able to meet 80 to 85 percent of demand for its tantalum capacitors, according to the spokesman. "There was some nervousness before because prices were depressed for a long time," the spokesman said. "But since last year mobile applications have moved demand the other way." NEC's announcement comes less than a week after Kemet (Greenville, S.C.) said it would add a total of 85,000 square feet of manufacturing floor space at its plant in Matamoros, Mexico and three facilities in South Carolina for the production of solid tantalum and conductive polymer tantalum capacitors. Kemet and NEC have an agreement to produce and jointly promote compatible conductive polymer tantalum capacitors.