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Technology Stocks : WDC/Sandisk Corporation

WDC 139.09

-0.8%

Nov 21 9:30 AM EST

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To: Bhag Karamchandani who started this subject	4/23/2001 7:07:55 PM
From: docpaul	of 60323

Perhaps of interest to y'all: Book to Bill for April: semi.org SAN JOSE, Calif., April 23, 2001 -- The North American-based manufacturers of semiconductor equipment posted $1.3 billion in orders in March 2001 and a book-to-bill ratio of 0.64, according to the April 2001 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.64 means that orders were 36 percent lower than shipments for the month. The three-month average of worldwide bookings in March 2001 was $1.31 billion. The bookings figure is 23 percent below the revised February 2001 level of $1.69 billion and 49 percent below the $2.55 billion in orders posted in March 2000. The three-month average of worldwide shipments in March 2001 was $2.04 billion. The shipments figure is 11 percent below the revised February 2001 level of $2.29 billion but is 17 percent above the March 2000 shipments level of $1.74 billion. "The March numbers reveal the continued erosion of bookings during the first quarter, which is not surprising given the continued softness in chip markets," said Stanley T. Myers, president and CEO of SEMI. "Some analysts believe that pricing pressures could come into play during the third quarter, leading chip makers to make so-called 'technology buys' as they seek to lower costs through improved productivity." The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average shipments for the North American semiconductor equipment industry. Shipments and bookings figures are in millions of U.S. dollars. --- Goodie.. more wonderful news. :D all the best, docpaul

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