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


To: Thomas J Pittman who wrote (1906)5/4/1998 2:43:00 PM
From: H James Morris  Read Replies (1) | Respond to of 5867
 
I smell a merger/ acquisition in the air.



To: Thomas J Pittman who wrote (1906)5/4/1998 5:02:00 PM
From: james chaggaris  Respond to of 5867
 
Tom...I'm using a combination of 5/13/21 day exponential moving averages. I by and sell on the crossover. So far this system has worked pretty good for this particular stock. We are still in an uptrend and my other indicators are holding their own...

As you probably know, we are hitting resistance at $32-$32 1/2 level.

As for the rumors of a takeover merger, I've heard a "consolidation" might take place. For what it's worth, I would never believe any rumors, especially in todays market...You can only lose.

Happy Trading

Jim