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


To: etchmeister who wrote (5368)7/22/2005 12:05:05 PM
From: All Mtn Ski  Respond to of 5867
 
You are exactly right, mastering the art of IC manufacturing with higher yields and lower costs than your competitors is how you win, IMHO.

A-M-S



To: etchmeister who wrote (5368)8/25/2005 11:07:03 AM
From: Proud_Infidel  Respond to of 5867
 
Lam Research Upbeat On Memory-Order Rebound
David Ng, 08.25.05, 10:58 AM ET

Adams Harkness reiterated a "market perform" rating on Lam Research (nasdaq: LRCX - news - people ), saying the company's planned share buyback is a near-term positive.

Lam announced its board has authorized a $500 million share-buyback plan. Under the program, shares may be purchased through September 2008.

"We believe a large share-buyback plan such as this shows management's confidence in the cash-generation capability of the company," Adams Harkness said. The research firm added that Lam is upbeat about the calendar fourth quarter as memory orders are starting to come back.

"We point that Lam has a higher-than-average exposure to memory, and as a result of a slowdown at the memory makers, the company had guided for orders to be flat to down 5% quarter-over-quarter in the calendar third quarter," the research firm said.

Adams Harkness said positive commentary from industry bellwether Applied Materials (nasdaq: AMAT - news - people ) and the announcement from Lam are near-term positives for the semiconductor-equipment group.