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

To: Kirk © who wrote (5253)	2/24/2005 11:45:32 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 5867

I would still like to see Lam as its own entity.....if the semi industry reaches $350B-$400B in a few years, wouldn't you regret taking $45 or even $60? I know I would.

To: Kirk © who wrote (5253)	4/13/2005 12:54:00 PM
From: Proud_Infidel	Respond to of 5867

Lam Research Shares Have Upside Potential To $41-$46 04.13.05, 12:47 PM ET Credit Suisse First Boston said the fiscal third quarter ended March tracked inline for Lam Research (nasdaq: LRCX - news - people ), although fourth-quarter bookings are lagging semiconductor equipment peers. Lam will report third-quarter results after the close of trading Wednesday; CSFB expects the company to earn 43 cents per share on revenue of $350 million. The research firm sees third-quarter bookings at $330 million. CSFB expects fourth-quarter earnings of 35 cents per share on revenue of $330 million, with bookings projected to be flat to down 5% quarter over quarter. In contrast, the firm sees industry orders up about 5% quarter over quarter in that period and said "we believe Lam underperformance in June is primarily due to a lack of Intel (nasdaq: INTC - news - people ) exposure." CSFB said the lack of Intel exposure is "an issue near term--we do not believe Lam will be a meaningful player at Intel (if at all) until the 45nm node (second half of 2006 and beyond)." Despite this, the firm said it remains "comfortable" with a "long-term positive thesis on the stock relative to its peers." CSFB, which rates the company at "outperform" with a $29 price target, sees upside potential for Lam shares to $41 to $46 and a downside risk to $19 to $22.