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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 (5055)	7/22/2004 10:36:03 AM
From: Kirk ©	Read Replies (1) \| Respond to of 5867

"By basing it on gross, what is the incentive to streamline the company and get net margins high? I didn't get that either. And FWIW, that was one of the first times I ever saw that metric applied." I bet they look like lunatics if they base it on any "normal" metrics like P/S, P/B, P/E or PEG. The trading programs seem to have the market by the short hairs with these stocks that have smaller followings. One I like, CACS, missed the whisper and projected flat earnings for the next q as some big customers are merging and holding back orders until the dust settles. So, they are making 10¢ a quarter, have $3.60 or so in cash, said there was no competition for one of their hot products and the stock sold off 50% in a matter of days... now at $7.18... not even twice cash! Perhaps the CEO lied on the Conf. call and failed to disclose major competition or loss of customers? Or are the shorts just running it down to get as many cheap shares as possible? I really don't know anymore... we had LRCX and UTEK selling at $35 on air for earnings less than a year ago... so it does go both ways. LRCX has done well and looks dirt cheap today while UTEK missed with a revenue decline... as I type, UTEK is nearly back to even for the day and LRCX is up 15%. I put 2 charts here to compare them intraday suite101.com Perhaps if UTEK can finish in the green on such crappy news, then we are looking at a real turn? The volatility is simply amazing...