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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (9707)	11/20/2001 8:31:48 PM
From: Bill Harmond	Read Replies (1) of 57684

Yes, but: 18:19 ET Semiconductor Equipment Book-to-Bill : North American-based manufacturers of semiconductor equipment posted $651.1 million in orders in October 2001 and a book-to-bill ratio of 0.71. This was slightly better than Briefing.com's consensus estimate of 0.68 (three analysts). The bookings figure is 5% above the revised September 2001 level of $619.2 million and 78% below the $2.99 billion in orders posted in October 2000. While the nominal level on orders remains low, the overall report was better than expected. Sequential order growth for the month at 5% exceeded each of our analysts' estimates, two of which were expecting a 7-8% contraction.

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