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Strategies & Market Trends : Tech Stock Options
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To: Kent Reeves who wrote (2529)6/12/1996 1:44:00 PM
From: Kevin   of 58727
 
Kent,
Although my knowledge of economics has been questioned/mocked recently, I
will attempt to define Book-to-Bill.

It is a ration that measures the strength of the chip industry in North
America by comparing new orders to the value of chips shipped each month.
A ratio of .84 means that for every $100 of orders shipped by chipmakers,
they receive $84 in bookings.
B-to-B is calculated using a 3-month moving average and is seasonally adjusted.

Hope this helps.
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