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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 (5565)10/11/2006 6:03:43 PM
From: Proud_Infidel  Respond to of 5867
 
CORRECTED - Lam Research sees 2nd qtr EPS of $1.07-$1.11
Wed Oct 11, 2006 5:48pm ET
(Corrects headline to show earnings per share figures)

SAN FRANCISCO, Oct 11 (Reuters) - Lam Research Corp. (LCRX.O: Quote, Profile, Research), a supplier of tools for making microchips, expects second-quarter earnings per share to be between $1.07 and $1.11, Chief Executive Stephen Newberry said on Wednesday.

Lam revenue would be between $605 million and $625 million, with a gross margin of about 51 percent and operating margin of more than 30 percent, Newberry told a conference call.

Wall Street had been looking for Lam to show second-quarter earnings per share of $1.04 on revenue of $600 million, according to Reuters Estimates.