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Lam Research Corporation Message Board

  • storagelh storagelh Jan 20, 2006 10:14 AM Flag

    Add citi to the list

    Of the big boys that are disappointing on earnings while the spin continues about 4 year highs and dow 11k. Its easy to beat estimates if the estimates are lowered. Lam had a great qrt. but the #'s are so scewed from everything except actual operational earnings its unbelievable, but hey, if you can get away with it, go for it. Dow will get clocked if the trend continues, but as long as analyst are allowed to adjust #'s to meet their upgrades and spin the future stocks will remain highly overvalued. Lam's earnings were down year over year but the stock is up 75% year over year. Buy at your own risk but remember, take profits when they present themselves because the game is controlled by the most corrupt hands around

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