Lam Research Corporation http://www.alacrastore.com/company-snapshot/Lam_Research_Corporation-1009679 Sunday, October 12, 2008 4:39:05 AM 1009679 Lam Research Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1934625ccbn/T1934625norm... - Bank of America Securities - AnalystWe have Lam Research presenting right now, and I am Krish Sankar. First I'm going to go through the public appearance statement. As you are aware, we are required to make a number of conflict of interest and related disclosure in connection with the participation of this conference and the company that we may discuss. If you would like to review these important disclosures, please pick up the packets containing the public appearance disclosures at the back of the room and at each of the breakout sessions. PDF copies can be accessed by those of you reviewing this presentation via webcast. With that, we have Martin Anstice, the Chief Financial Officer of Lam Research presenting. And by the way, he announced yesterday that he just got promoted to the COO. Congratulations, Martin. And with that, I will let Martin take over. ... 9/16/2008 3:06:00 PMLam Research54.0000FinalLam Research at Bank of America Securities Annual Investment Conference TranscriptLRCX9:30am PTTranscriptT1934625Credit & Investment ResearchThomson StreetEventsUS - In September ####, the board of Lam Research Corp, a manufacturer of wafer fabrication equipment, authorized the repurchase of up to $### mil of the company's common stock outstanding, in open market transactions or privately negotiated transactions.9/10/2008 2:53:50 PM512807512807512807512807Lam Research CorpLam Research CorpLam Research CorpLam Research Corphttp://www.alacrastore.com/storecontent/Thomson_M%26A/Lam_Research_Corp_intends_a_stock_buyback-2010490020sdc/20104900202010490020Copyright © 2008, Thomson Financial, All Rights ReservedNasdaqElectronic and Electrical EquipmentUnited StatesSemiconductors and related devices3674CACaliforniaPublicLRCX3674:Semiconductors and related devices3674:Semiconductors and related devicesNasdaqElectronic and Electrical EquipmentUnited StatesSemiconductors and related devices3674CACaliforniaPublicLRCX10276001Mnfr wafer fabrication equipMnfr wafer fabrication equipCashCash OnlyCommon Stock10276001Sep 10 200819.552001058.73600585.18500585.18500816.75700428.26500430.72000141.096001778.597000.360000.17200530.481003.47000439.34900576.976002474.9110030.209002786.962000.000000.000000.000000.000000.000000.0000029 Jun 0829 Jun 0829 Jun 0729 Jun 0629 Jun 0529 Jun 041.000001.000002.000003.000004.000005.000006.00000Lam Research Corp,headquartered in Fremont,manufactures wafer fabricationequipment used insemiconductors. The companywas founded in 1980.Lam Research Corp, headquartered in Fremont, manufactureswafer fabrication equipment used in semiconductors. Thecompany was founded in 1980.Lam Research Corp, headquartered in Fremont, manufactures wafer fabrication equipment used in semiconductors. The company was founded in 1980.1.000002.000003.000004.000005.000006.00000Lam Research Corp,headquartered in Fremont,manufactures wafer fabricationequipment used insemiconductors. The companywas founded in 1980.Lam Research Corp, headquartered in Fremont, manufactureswafer fabrication equipment used in semiconductors. Thecompany was founded in 1980.Lam Research Corp, headquartered in Fremont, manufactures wafer fabrication equipment used in semiconductors. The company was founded in 1980.0.000000.000000.00000125.43000NU.S. Dollar08 Sep 08Mon, 08 Sep 2008 00:00:00 ESTDate Announced: 09/08/2008Date Effective:BuybackNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.00000250 U.S. Dollar250.000000.00000250 U.S. Dollar250.000000.000000.000000.000000.000000.00000250 U.S. Dollar1.00000N142.175000.000000.000000.000000.000000.00000250.00000250.000000.000000.000000.000000.000000.000002.026000.000000.000000.000000.000000.000000.000000.000000.992000.000000.000000.0000032.3300036.7600039.6200016.8930042.707000.132000.0000021.7750055.72900276.121004969.512001783.9440013.0380021.7290014.3910051.687001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000US - In September 2008, theboard of Lam Research Corp, amanufacturer of waferfabrication equipment,authorized the repurchase ofup to $250 mil of thecompany's common stockoutstanding, in open markettransactions or privatelynegotiated transactions.US - In September 2008, the board of Lam Research Corp, a manufacturer of wafer fabrication equipment, authorized the repurchase of up to $250 mil of the company's common stock outstanding, in open market transactions or privately negotiated transactions.US - In September 2008, the board of Lam Research Corp, a manufacturer of waferfabrication equipment, authorized the repurchase of up to $250 mil of the company's commonstock outstanding, in open market transactions or privately negotiated transactions.US - In September 2008, the board of Lam Research Corp, a manufacturer of wafer fabrication equipment, authorized the repurchase of up to $250 mil of the company's common stock outstanding, in openmarket transactions or privately negotiated transactions.US - In September 2008, the board of Lam Research Corp, a manufacturer of wafer fabrication equipment, authorized the repurchase of up to$250 mil of the company's common stock outstanding, in open market transactions or privately negotiated transactions.Intended0.000000.000000.000000.0000019.55200585.18500585.18500816.75700428.26500430.72000141.096001778.59700530.481003.470004.850002.340002.100000.590003.470001783.944001783.944001176.320001396.149001066.89600812.46600439.34900685.81600335.75500299.3410082.98800439.34900576.97600847.72300441.28700399.32700111.07600576.976002474.911002566.576001642.171001502.45300935.946002474.911002786.962002786.962002074.191002274.811001405.591001092.12100Status:IntendedUS-999.00000np0.23300-999.00000np14.3450050.9680024.7020022.7640027.520001778.5970010.6860026.391000.000000.000000.000003674:Semiconductors and related devices10276001NasdaqUnited States3674CaliforniaPublicLRCX3674:Semiconductors and related devices10276001NasdaqUnited States3674CaliforniaPublicLRCX250.00000250.00000250.00000142.17500Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/662779spcred/662779normThe latest Full Report from S&Pglobal7/31/2008 6:35:00 PM400Full Report662779United StatesSemiconductor EquipmentUnited StatesGlobal IssuersCorporationsCapital GoodsHigh TechnologyFull ReportStrong niche market position; High barriers to entry; No funded debt; and Adequate liquidity. Highly cyclical industry demand; Narrow business profile; Competition from large players; and High customer and product concentration. The rating on Freemont, Calif.-based Lam Research Corp. reflects the company's narrow business focus and high customer and product concentration in the volatile semiconductor capital equipment industry. This is offset partially by Lam's leadership position in its main niche (etch tools), good liquidity, and low debt leverage. Lam is a global developer, manufacturer, and marketer of wafer etch, patterning, and cleaning tools used to manufacture memory, logic, and microelectromechanical systems. Lam has a leading share of the etch market, a niche segment in the semiconductor capital equipment market. GivenUSA51280745301010 453010 4530 45Lam Research Corp.126390USALRCXFULLGLOBISSCORPCapitalHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/662782spcred/662782normThe latest Summary from S&Pglobal7/31/2008 6:35:00 PM175Summary662782United StatesSemiconductor EquipmentUnited StatesGlobal IssuersCorporationsHigh TechnologyCapital GoodsSummaryThe rating on Freemont, Calif.-based Lam Research Corp. reflects the company's narrow business focus and high customer and product concentration in the volatile semiconductor capital equipment industry. This is offset partially by Lam's leadership position in its main niche (etch tools), good liquidity, and low debt leverage. Lam is a global developer, manufacturer, and marketer of wafer etch, patterning, and cleaning tools used to manufacture memory, logic, and microelectromechanical systems. Lam has a leading share of the etch market, a niche segment in the semiconductor capital equipment market. Given its relatively narrow product focus, the company selectively competes against more diversified players such as Applied Materials Inc. and Tokyo Electron Ltd. On March 11, 2008, the company completed its cashUSA51280745301010 453010 4530 45Lam Research Corp.126390USALRCXSUMMARYGLOBISSCORPHighCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1907480ccbn/B1907480norm...Memory segment customers at about ##% of total, with NAND components accounting for approx. ##% of total memory. ... 7/29/2008 8:05:00 PMLam Research54.0000EditedLam Research Q4 2008 Earnings Conference Call SummaryLRCX2:00pm PTBriefB1907480Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1907480ccbn/T1907480norm...Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Lam Research Corporation June #### quarterly financial results conference call. During today's presentation all parties will be in a listen-only mode. Following the presentation the conference will be open for questions. (OPERATOR INSTRUCTIONS) This conference is scheduled to conclude at #:## PM Pacific time. I would now like to turn the conference over to Ms. Carol Raeburn, Senior Director of Investor relations. Please go ahead, ma'am. ... 7/29/2008 7:06:00 PMLam Research54.0000FinalLam Research Q4 2008 Earnings Conference Call TranscriptLRCX2:00pm PTTranscriptT1907480Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/648702spcred/648702normThe latest News from S&Pglobal5/16/2008 10:43:02 AM100News648702United StatesSemiconductor EquipmentUnited StatesGlobal IssuersCorporationsCapital GoodsHigh TechnologyNewsNEW YORK (Standard&Poor's) May 16, 2008--Standard&Poor's Ratings Services said today it raised its corporate credit rating on Fremont, Calif.-based Lam Research Corp. to 'BB' from 'BB-'. At the same time, we removed the rating from CreditWatch, where it had been placed with positive implications on April 11, 2008. The outlook is stable. The rating action follows Lam's strong performance during the upside of the most recent semiconductor cycle; its more variable cost structure, which should enable it to perform better in the current downturn than it has in prior cycles; and its moderate leverage. "The rating on Lam reflects the company's narrow business focus and high customer and product concentration in the volatile semiconductor capital equipmentUSA51280745301010 453010 4530 45Lam Research Corp.126390USALRCXNEWSGLOBISSCORPCapitalHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/648703spcred/648703normThe latest Research Update from S&Pglobal5/16/2008 10:43:02 AM175Research Update648703United StatesSemiconductor EquipmentUnited StatesGlobal IssuersCorporationsCapital GoodsHigh TechnologyResearch UpdateOn May 16, 2008, Standard&Poor's Ratings Services raised its corporate credit rating on Fremont, Calif.-based Lam Research Corp. to 'BB' from 'BB-'. At the same time, we removed the rating from CreditWatch, where it had been placed with positive implications on April 11, 2008. The outlook is stable. The rating action follows Lam's strong performance during the upside of the most recent semiconductor cycle; its more variable cost structure, which should enable it to perform better in the current downturn than it has in prior cycles; and its moderate leverage. The rating on Lam reflects the company's narrow business focus and high customer and product concentration in the volatile semiconductor capital equipment industry. This is offset partially byUSA51280745301010 453010 4530 45Lam Research Corp.126390USALRCXRESUPDGLOBISSCORPCapitalHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1794877ccbn/B1794877norm...March #### qtr. includes full consolidation of SEZ Group, although they reflect there were slightly less than #% minority interest. ... 4/23/2008 9:04:00 PMLam Research54.0000EditedQ3 2008 Lam Research Earnings Conference Call SummaryLRCX2:00pm PTBriefB1794877Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1794877ccbn/T1794877norm...Ladies and gentlemen, thank you for standing by. Welcome to the March #### quarterly financial results conference. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. (OPERATOR INSTRUCTIONS) If you're using speaker equipment please lift the handset before making your selection. Conference is being recorded April ##, ####. I would now like to on turn the conference over to miss Carol Raeburn, Senior Director Investor Relations. Please go ahead. ... 4/23/2008 7:04:00 PMLam Research54.0000FinalQ3 2008 Lam Research Earnings Conference Call TranscriptLRCX2:00pm PTTranscriptT1794877Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1765961ccbn/T1765961norm... - Morgan Stanley - AnalystOkay. As we continue with our semiconductor capital equipment track it's my pleasure to have the team from Lam Research for those of you that -- here today. For those of you that don't know Lam, they are the number one supplier of Etch solutions in the semiconductor capital equipment market. I'm very pleased to introduce Martin Anstice, the Chief Financial Officer at Lam. I'm going to turn it over to Steve -- I mean to Martin for a few opening remarks and then we can go ahead and kick off the discussion.... 3/4/2008 6:04:00 PMLam Research54.0000FinalLam Research at Morgan Stanley Technology Conference TranscriptLRCX9:30am PTTranscriptT1765961Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1753574ccbn/T1753574norm... - Goldman Sachs - AnalystTerrific morning, everyone. I'm Jim Covello, from Goldman Sachs and very excited to kick off the semiconductor portion of the conference here, with Steve Newberry from Lam Research. Steve, thanks so much for being here this morning. Great way to kick things off. So, thank you very much. ... 2/26/2008 8:05:00 PMLam Research54.0000FinalLam Research at Goldman Sachs Technology Symposium TranscriptLRCX9:00am PTTranscriptT1753574Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1753573ccbn/T1753573normLam Research at Thomas Weisel Partners #### Technology Telecom Internet Conference2/5/2008 5:05:00 PMLam Research54.0000FinalLam Research at Thomas Weisel Partners 2008 Technology Telecom Internet Conference TranscriptLRCX9:45am PTTranscriptT1753573Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B1737740ccbn/B1737740norm1/24/2008 8:05:00 PMLam Research54.0000EditedQ2 2008 Lam Research Earnings Conference Call SummaryLRCX1:30pm PT...Increased the cash balance of the Co. before stock repurchase and debt repayments by approx. $###m, representing ##% of revenues while at the same time funding the adjacent market growth strategy. ... BriefB1737740Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1737740ccbn/T1737740norm1/24/2008 6:07:00 PMLam Research54.0000FinalQ2 2008 Lam Research Earnings Conference Call TranscriptLRCX1:30pm PT...Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the December quarter #### financial results conference call. During today's presentation all parties will be in a listen-only mode. Following the presentation the conference will be open for questions. (OPERATOR INSTRUCTIONS) This conference is being recorded today, January ##, ####. I would now like to turn the conference over to Carol Raeburn, Senior Director of Investor Relations. Please go ahead, ma'am. ... TranscriptT1737740Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1716665ccbn/T1716665norm12/31/2007 5:21:42 PMLam Research54.0000FinalLam Research Corporation Announces Conference Call to Discuss Intent to Acquire the SEZ Group TranscriptLRCX10:00am PT...Welcome to the Lam Research conference call to discuss the acquisition of the SEZ Group. During today's presentation, all participants are in a listen-only mode. Following the presentation the conference will be open for questions. (OPERATOR INSTRUCTIONS). As a reminder, this call is being recorded. This conference is scheduled to conclude at eleven o'clock today. At this time I'd like to turn the conference over to our host, Carol Raeburn, Senior Director of Investor Relations. Please go ahead ma'am.... TranscriptT1716665Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1712839ccbn/T1712839norm12/31/2007 5:21:40 PMLam Research54.0000FinalLam Research at Lehman Brothers Annual Technology Conference - Breakout Session TranscriptLRCX11:00am PT... - Lam Research - CFOOkay. I think we can get started. For those of you who were not in the presentation, my name is Martin Anstice. I'm the Chief Financial Officer of Lam Research and appreciate the opportunity to schedule this time with you. Any questions, I'll do my very best to answer it. ... TranscriptT1712839Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1707507ccbn/T1707507norm12/31/2007 5:21:35 PMLam Research54.0000FinalLam Research at Lehman Brothers Annual Technology Conference TranscriptLRCX10:30am PT...Good morning. Can you hear me? My name is C.J. Muse with Lehman Brothers. It's my pleasure to introduce Lam Research. We have Martin Anstice, CFO. And I've also been asked to kindly ask you all to turn off your cell phones and Blackberries, so if you wouldn't mind. And with that, I'll turn it over to Martin. ... TranscriptT1707507Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1690227ccbn/T1690227norm12/31/2007 5:21:16 PMLam Research54.0000FinalLam Research at Credit Suisse 2007 Annual Technology Conference TranscriptLRCX9:00am MT... - Credit Suisse - AnalystGood morning and welcome to our first keynote of day three of our conference. We are pleased to have here with us Lam Research, one of the leading semiconductor equipment companies. Lam has been a terrific story in terms of market share growth. We always like to hear from Lam because I think they have one of the most unique and insightful analyses of the industry, particularly what trends they're seeing. In addition, I think Lam is interestingly positioned with a lot of new products, and I'm sure we'll hear from that. From Lam today we have three executives. We have Steve Newberry, the CEO of Lam; we also have Bob [Fuchs] from marketing and Carol Raeburn, head of Investor Relations. With that maybe I'll turn it over to Steve. ... TranscriptT1690227Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B1716665ccbn/B1716665norm12/31/2007 5:21:03 PMLam Research54.0000EditedLam Research Corporation Announces Conference Call to Discuss Intent to Acquire the SEZ Group SummaryLRCX10:00am PT...On ##/##/##, LRCX announced the signing of a definitive agreement to acquire the SEZ Group for $###m net of cash in an all cash transaction. Total purchase price is $###m or $###m net of cash on the SEZ balance sheet. ... BriefB1716665Credit & Investment ResearchThomson StreetEvents