just 2 let u all know..
lrms suck.... i dont know how u try to counter them but i've only lost once to a massed lrm fleet.
what to do vs massed LRM'swhen your oponent uses massed lrm's the rules of combat change, get as CLOSE as posible and hit those dammed lrm's 1 by 1, ignore his capital ship and retreat your capital when shields are down (happens pretty fast)
since lrm do bonus damage vs small frigates (cobalt etc.) do not mass those (no more then 25 in a medium fleet, no more then 50 in a large fleet)
best way to counter is with Kodiak classed Cruisers, altough u probably dont have the tech at that time.... if u do, its your way victory.
if you dont, do the following:
get around 25 cobalt classed friagtes, and 10, preferably 15 lrm's (cobalt are to distract your enemy and do pretty neat damage vs lrm's)
if posible get a 2e capital operational
this wil take some building time (specialy 4 the Vasari) but it all happens way faster with a second friagte factory.
once your ships are combined n ready 2 be moved do not attack your enemies planet in order to destroy the lrm's
he'll probably have some defenses wich do even more damage, and may cost you the battle
wait for him to attack you, or surprise his fleet while it's jumping to an undefended system
once u found some good conditions to attack your enemy face him head/on. theres a chance he'll try to take out your capital,
in order to use this to your advantage move the capital behind your fleet, if the LRM's follow, move away further,
in the meantime your cobalts and LRM's should popping some enemy LRM's, greatly reducing there fleets firepower
short said, micro your capital ship, dont bother about the enemy's capital, and focus al firepower to those pesky LRM's since they pop rly fast,
should he ever try to run away with his lrm's change target to his capital ship, he'll either return with his lrm's or flee with his fleet
should he return with his LRM's continue popping those as mentioned b4.
last little help. do not micro YOUR cobalt and lrm's , if they become the target they'll die anyway regardless if theyre at full shield & HP, let them keep firing at the enemy, or you'll just spill an extra shot
there
that's all i have 2 offer.... hope it's readable 'n all that stuff

this always works 4 me, you might lose your capital, but he'll be missing around 30 lrms
dont forget to read the ships discription....
i heard people talking about lrm's being good vs capital...
this is not true
kodiak classed cruisers are the only ships (+ bombers) wich do bonus damage vs capitals
lrm do bonus damage vs cobalt classed friagtes