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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (41246)	5/23/2001 7:09:34 AM
From: LastShadow	Read Replies (2) of 43080

This is not good... 06:48 ET Semi Equipment : North American-based manufacturers of semiconductor equipment posted a book-to-bill ratio of 0.42 in April 2001 (SG Cowen had expected 0.60). This represented a sharp decline from 0.59 in March (revised from 0.64). The CEO of SEMI (which collects the data) said that the "the severity and depth of this industry correction is unprecedented" and that the book/bill was the lowest in the past decade.

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