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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: tradermike_1999 who started this subject1/2/2002 11:13:46 AM
From: Baldur Fjvlnisson   of 74559
 
"North American suppliers of manufacturing equipment for the semiconductor industry continue to see
orders drop on a monthly basis, reflecting the decline in global electronics production, excessive amount
of existing manufacturing capacity and curtailed investment by the world's chip makers," said Stanley
Myers, president and CEO of SEMI. "Billings have continued to slide to levels not seen since early 1995.
However, the rates of decline for both billings and orders have lessened in recent months compared to
the steeper descent earlier in the year."
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