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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (42715)	10/13/2005 3:43:05 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69250

4:21PM Profit, sales slide at Lam Research (LRCX) by Matt Andrejczak SAN FRANCISCO (MarketWatch) -- Lam Research (LRCX) late Wednesday reported net income fell to $49.5 million, or 35 cents a share, compared with $89.8 million, or 64 cents, in the year-earlier period. Revenue slid 24% to $320.9 million. The per-share results beat Wall Street's expectations for a profit of 30 cents, while sales missed analysts forecast of $325 million, according to Thomson First Call. Fremont, Calif.-based Lam Research, the No. 3 U.S. maker of chip equipment, said new orders rose 3% to $326 million -- better than it prior forecast for the order book to be flat to down 5%.