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Fly News Breaks for March 18, 2015
LRCX
Mar 18, 2015 | 11:00 EDT
Pacific Crest said weakness in Lam Resarch (LRCX) related to a competitor note on that Samsung postponed DRAM equipment orders is overdone. The firm said Samsung wasn't doing anything with its Line-17 Phase 2 this year and hasn't even really discussed plans. Pacific Crest views the competitor commentary as convoluted and would aggressively buy Lam Research.
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