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

To: davesd who wrote (1716)	1/9/1998 5:30:00 PM
From: Stock Watcher	Respond to of 5867

Not too sure about this one Dave. The biggest holder of stock options is the CEO. I notice that last time the "Annual Notice of Shareholder Report" reported that the CEO's stock options had a new strike price from the high $50s to the low $30s, this year I wouldn't be surprised to see them reset again to even a lower number. Wouldn't it be great if you could buy calls on LRCX and if the stock lost 50% of its value to just ask your broker for a new, lower strike price? When strikes prices are lowered on stock options so easily, it is hard for me to believe that there is much pressure on the CEO, but like always I could be wrong. Note: those strike prices are off the top of my head right now, but I think they are fairly accrurate since the last report. Sincerely, Stock Watcher