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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 474.91

+0.6%

11:24 AM EST

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To: Susan G who wrote (16217)	4/23/2002 12:08:09 PM
From: Sully-	Read Replies (1) of 26752

Perhaps it's due to softer billing in the latest month helped goose the ratio up......... plus they are looking for improving revenues down the road........... "The three month average billing figure softened slightly from the prior month. However, the overall ratio of bookings to billings rose above unity for the first time in sixteen months, signaling prospects for an improving industry revenue picture in the months ahead," said Stanley Myers, president and CEO of SEMI. "While we look for further confirmation of a recovery in the semiconductor equipment market, the improving trends are encouraging." semi.org!OpenDocument

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