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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks
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To: JakeStraw who wrote (4497)6/22/2001 10:20:17 AM
From: BWAC   of 5499
 
Focus on negative is the falloff from record sales.

Standing in the fog is this "While the book-to-bill ratio is slightly elevated from the prior month, both shipments and orders continued to decline,'' said Stanley T. Myers, president and CEO of SEMI. ``It is likely that the prospects for sustained year-over-year improvements in monthly shipments are three to four quarters away. On a worldwide basis, we currently anticipate a 30 to 32 percent annual decline in the semiconductor equipment market in 2001. While this severe drop presents a painful environment for SEMI member companies, this would still result in the second best revenue year in the history of our industry."

Second best revenue year. Yet the media and analysts yell fire?
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