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To: Mark Glembocki who wrote (36293)	1/30/1999 8:45:00 AM
From: Thomas J Pittman	Respond to of 95453

Mark, Thanks for your comments. Yeah, I figured not to be particularly popular with that post and have been busy with responses (public and private). That is what SI is for :) . You are exactly right about the long termers. I am one myself. I think most of the folks on this thread, if they are buying right now, will certainly make money over some period. There is a lot of good work evidenced by the posts here. You mention slider and platter and I admit those are two whose posts I find myself gravitating towards as well. Thanks for your comments As far as lrcx goes (cautionary statement: I am a shareholder in lrcx and other semi-equip stocks and, at this point am certainly NOT advocating purchase (or sale) ). The upgrades were, again my view, almost entirely due to comments made by CEO Jim Bagley after market close on Thursday. Those comments dealt with reviving Asian orders, new technologies including copper, effects of cost cutting / out- sourcing / synergies from acquisitions, and other quite positive forward looking comments. These, coupled with similar statements from other companies in the industry have led to the upgrades. The analysts, of course, missed the rise from 9 to 36, as you pointed out. I cant explain that. I was not a buyer at 9, but did purchase between 12 and 17 both on the way down and on the way up in addition to my holdings that were already in place. For more detail, visit the lam research thread. Duker posted wonderful conference call notes.