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


To: Kirk © who wrote (5573)10/12/2006 3:21:58 PM
From: sat2000  Read Replies (1) | Respond to of 5867
 
Lam Research F1Q07 (Qtr End 9/24/06) Earnings Call Transcript

seekingalpha.com

Steve Thompson



To: Kirk © who wrote (5573)11/15/2006 9:22:36 AM
From: Proud_Infidel  Respond to of 5867
 
Goldsmith Agio Helms Announces the Sale of Bullen Ultrasonics' Silicon Growing and Fabrication Assets to Lam Research
Wednesday November 15, 9:00 am ET

CHICAGO--(BUSINESS WIRE)--Goldsmith Agio Helms is pleased to announce the completed sale of the silicon growing and fabrication assets of its client Bullen Ultrasonics, Inc. ("Bullen" or the "Company") to Lam Research Corporation (NASDAQ:LRCX - News; "Lam") for approximately $175 million in cash.

Founded in 1971, Bullen manufactures silicon products for use in a broad range of industries including semiconductor, telecommunications, aerospace, automotive, bioscience, and medical device.

TRANSACTION HIGHLIGHTS

Lam has acquired all assets related to Bullen Ultrasonics' silicon growing and fabrication business utilized in supplying chamber-critical components for Lam tools as well as for other customers in the semiconductor industry. The silicon growing and fabrication related business will operate as Bullen Semiconductor, a division of Lam Research Corporation.

"Bullen's ability to perform exact machining operations resulted in repeat orders and robust growth that did not go unnoticed by our key customers," said Steve Brown, President of Bullen Ultrasonics. According to Mary Bullen, General Manager of Bullen, "it was a natural fit for one of our major customers to want to secure the market leading technology offered by Bullen. The combination offers a solid foundation for future success and expansion."

The remaining assets of Bullen Ultrasonics, independent of Lam, will operate as a supplier of machining and fabrication services for non-silicon hard, brittle materials to a variety of industries.

David Baker, Managing Director at Goldsmith Agio Helms, said, "the transaction had added complexity due to the shared production and intellectual property assets that needed to be divided and cross-licensed between the buyer and the seller's remaining business."

THE COMPANY

Bullen Ultrasonics, Inc. (www.bullen-ultrasonics.com) is globally recognized for ultrasonic machining, silicon products for plasma etch chambers and other applications. The Company's precision-machined products are built to customer specifications and typically involve specialized applications for use in a broad range of industries including semiconductor, telecommunications, aerospace, automotive, bioscience, and medical device. Bullen's products include ultrapure silicon components used in oxideetching semiconductor equipment, glass substrates used in pressure sensors for automotive and medical devices, glass components for lab-on-a-chip devices used in the bioscience field, and ceramic substrates used in the telecommunications industry.

THE BUYER

Lam Research Corporation (www.lamrc.com) is a major supplier of wafer fabrication equipment and services to the world's semiconductor industry. Lam's common stock trades on the NASDAQ Global Select MarketSM under the symbol LRCX

ABOUT GOLDSMITH AGIO HELMS

Goldsmith Agio Helms (www.agio.com) is one of the nation's leading independent investment banking firms providing sophisticated corporate finance advisory services to middle market businesses. The firm's services include mergers and acquisitions, private placements of debt and equity, distressed advisory and restructuring, and financial advisory and opinion services. The firm operates internationally from its offices in Minneapolis, New York, Chicago, Los Angeles, and London.

If you would like more information about this transaction, contact Dave Baker, dbaker@agio.com, 312-928-0760, or Jim Moskal, jmoskal@agio.com at 312-928-0760.

--------------------------------------------------------------------------------
Source: Goldsmith Agio Helms



To: Kirk © who wrote (5573)11/20/2006 8:58:27 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 5867
 
If my calculations are correct, Lam is now at an all-time high, surpassing its 2000 high of 56 13/16. Is the next question for shareholders when will a split happen?