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[Selling to Close Jan '06 $20 LEAPS calls (WMJAD) on Lam Research (LRCX)/Limit $5.70]

Dear Member,

I am selling to close the LEAPS position I opened on Lam Research (LRCX) this morning. I am closing the '06 LEAPS call (WMJAD) position for $5.70 which represents a 11.8% return FOR THE DAY before commissions.

DISCLOSURE: At the time of publication, I am long the referenced options.

Sincerely,
Bill Kraft
CutLoss, Inc.

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