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Strategies & Market Trends : The New Economy and its Winners
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To: fedhead who wrote (10567)2/19/2002 7:26:17 PM
From: stockman_scott  Read Replies (1) of 57684
 
18:42 ET Semi Equipment book/bill rises to 0.81 in January : The North American semiconductor book/bill ratio rose to 0.81 in January from 0.77 in December. Though an increase is better than a decrease, two factors argue against excessive optimism: some had expected a bigger increase (Salomon's estimate was 0.85-0.90), and the increase was due more to falling shipments than rising orders; orders only ticked up slightly and have been bouncing along the bottom since September.
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