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Technology Stocks : Mattson Technology

MTSN 3.600

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May 12 5:00 PM EST

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To: Philip W. Dunton, Jr who wrote (1401)	6/20/1999 5:54:00 PM
From: Philip W. Dunton, Jr	Read Replies (1) of 3661

from street.com Chip-Equipment Makers Still Strong Goldman Sachs analyst Gunnar Miller says equipment orders remain strong. Data just released for May equipment orders show an industry book-to-bill ratio of 1.24, meaning companies booked 24% more orders than they billed out, a sign of healthy growth. Bookings totaled $1.4 billion, a 4% increase over April and a 29% increase over year-ago levels. "People interpret this dramatically," Miller tells TheStreet.com. "It's sort of like Alan Greenspan -- each eyebrow twitch means something." Companies seeing the greatest growth are makers of test equipment like Teradyne (TER:NYSE), he says, because of heavy demand for testers from communications chipmakers. Teradyne was down 3/16 at 67 1/2.

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