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

To: Stock Watcher who wrote (1721)	1/10/1998 2:22:00 PM
From: stockycd	Read Replies (1) \| Respond to of 5867

I am reading alot of frustration from you guys. I hope none of you are actually holding these high-tech stocks (LRCX,AMAT ect) for the long term. It is my observation over the years, that a trader can make a whole lot more money trading these type of stocks from day to day rather than buying and holding. The reason the price swings are so great is that most people are doing just that--trading them. IMO, LRCX as of Fri. pm is very oversold and I intend to enter and long position Monday morning if there is no bad news over the weekend in Indonesia. Know when to take your profits and do some technical analysis. You can make money on companies even when they are in a six month downturn. Let your mutual fund managers worry about your long term positions!