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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 (4794)4/18/2002 4:05:28 PM
From: Proud_Infidel  Respond to of 5867
 
9:11AM Lam Research estimates, price target raised at Fulcrum (LRCX) 29.53: Fulcrum raises ests and price target after the co beat Q3 expectations by a wide margin and raised their Q4 outlook; firm is particularly encouraged that the demand for additional advanced equipment is now broad-based, and it includes previously anticipated orders from DRAM manufacturers (25% of total biz in 2002). Raises FY02 est to $0.05 from $(0.05) and 2003 to $0.80 from $0.55, and raises price target to $40 from $35.