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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 149.11+4.1%3:55 PM EST
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To: Jong Hyun Yoo who wrote (3752)12/20/1999 8:06:00 PM
From: Proud_Infidel  Read Replies (2) of 5867
 
NORTH AMERICAN SEMICONDUCTOR EQUIPMENT INDUSTRY POSTS NOVEMBER 1999 BOOK-TO-BILL RATIO OF 1.10

MOUNTAIN VIEW, Calif., December 20, 1999 -- The North American-based manufacturers of semiconductor equipment posted record orders in November 1999 and a Book-to-Bill ratio of 1.10, it was reported by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 1.10 means $110 in orders were received for each $100 worth of products shipped.

The three-month average of worldwide shipments in November 1999 was $1.55 billion. The figure is four percent above the October 1999 level, and is 69 percent above the November 1998 shipments level of $913 million. The three-month average of bookings in November 1999 was $1.70 billion. The bookings figure is six percent above October 1999 and 122 percent above the $767 million posted in November 1998.

The bookings figure is the highest recorded to date, four percent above the previous cycle high of $1.63 billion in November 1997 and just above the previous record high of $1.69 billion posted in February 1996.

"Semiconductor manufacturing equipment bookings posted an all-time monthly high in November," said Stanley T. Myers, president of SEMI. "The growth pattern in semiconductor sales and the increasing adoption of new technologies has helped drive continued strength in the equipment market."

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.

semi.org
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