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


To: Proud_Infidel who wrote (2732)4/13/1999 7:41:00 PM
From: Jong Hyun Yoo  Read Replies (1) | Respond to of 5867
 
I would not worry so much about short term behavior of the stock.
Important thing is we are on a gradual upturn of the semi-equipment
business cycle.. Slower the upturn, longer the upturn will last.
Today was another good day for picking up additional shares.
In 94, I bought LAM as high as 68.. Did not sell and saw it drop
till 8-9 per share. But I knew LAM was good a long term investment.
DId alot of averaging down around Low 10's and low 20's..
Today I am actually making money on this stock even though net gain
dropped a little today. Hold onto yours and let talk about how
cheap today's stock price was in year 2002.. Good luck guys.