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: Kirk © who wrote (4954)	2/23/2004 2:46:50 PM
From: Donald Wennerstrom	Read Replies (3) \| Respond to of 5867

You know, if I didn't know better, I'd say there are a lot of entities out there that don't like LRCX.;) The stock has already taken a 30 percent "haircut" from its recent high on 12 Jan - it's acting like it wants to do more. At the moment, with the 30 percent loss in hand, it has one of the best fundamental positions in the semi-equip world. PEG is around 1 and consensus next years earnings at 1.41. Still it is acting like a "sick puppy" Institutions are supporting it very well - S&P gives it a 5 star rating, and even CSFB, usually quite conservative, gives it an outperform rating. Is it time to buy or is it going lower yet? Don

To: Kirk © who wrote (4954)	3/4/2004 12:43:31 PM
From: All Mtn Ski	Read Replies (1) \| Respond to of 5867

Hi Kirk, I'm back from a long vacation, looks like Lam dipped to just above $24 while I was gone. I think Lam is going to be a good trade here, I am waiting for another Naz dip under 2000 and Lam to double bottom somewhere in the $24 range, perhaps that $22.50 we looked at, before mounting a good move higher, along with the rest of the Naz in the Spring/Summer timeframe. I plan to buy Lam for that expected move, but only for a 2-4 month hold, as I am still of the opinion that a good 2005 is not guaranteed. Interesting that the analysts expect Lam to show 100% Qtr/Qtr EPS growth for the next 2 quarters. Sounds like a tall order given AMAT and KLAC estimates are much more moderate?: finance.yahoo.com A-M-S