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

To: Jong Hyun Yoo who wrote (4965)3/9/2004 12:16:57 PM
From: All Mtn Ski  Read Replies (1) | Respond to of 5867
 
Hi JH,

Lam has dumped too far too fast, IMHO, thus this should be a good accumulation area, just like $33/$35 was too far too fast and was a good sell area. I suspect after this "correction" is over, we'll mount a new move higher along with the markets into July and Lam should get back to its high around $33/$35. That is what I'm holding it for and will average down on further weakness with that target in mind.

Good luck to you as well!

A-M-S


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