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Lam Research (LRCX -1.4%) remains lower in spite of its FQ2 beat, likely due to the margin...
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Thursday, January 26, 2012, 1:11 PM ETLam Research (LRCX -1.4%) remains lower in spite of its FQ2 beat, likely due to the margin issues implied by the difference between its strong FQ3 revenue guidance ($620M-$660M vs. $610M consensus) and ho-hum EPS guidance ($0.39-$0.49 vs.$0.44 consensus). Needham remains bullish (previously), arguing Lam's market share gains matter more than its near-term margin pressures. (transcript)
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