Recent

% | $
Quotes you view appear here for quick access.

Lam Research Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • tnpipeliner8 tnpipeliner8 Apr 26, 2006 9:56 AM Flag

    Tough market

    Very puzzling. All the signs point to increased prices and possible recession, but earnings are going higher. Are we trading off of present earnings, or future earnings? Wall Street has always shrugged off present earnings and trading 6-12 months down the road.

    I can't see how large increases in raw materials and oil will not ultimately raise prices of finished goods and services. This market is so much like 2000 that it is scary. The fundamentals did not matter. You just needed to be in the market so you didn't miss that 10% pop in a week.

    In 2000, there were so many stocks to short, but how could you? Companies trading on no earnings, but would gain 50% in a months time. Market capatilization values larger than some of the best run companies in the world. We may not have surpassed the 2000 insanity yet, but we are getting close...

 
LRCX
77.23+1.65(+2.18%)May 1 4:00 PMEDT