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Technology Stocks : Helix Technology, a cold play on semiconductor equipment
HELX 37.98+0.6%Nov 25 4:00 PM EST

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To: mopgcw who wrote (1021)4/23/2002 8:14:35 PM
From: mopgcw  Read Replies (1) of 1227
 
Tokyo Electron Expects 30% Rise In Orders Jan-Mar -Nikkei

DOW JONES NEWSWIRES

TOKYO (Nikkei)--Japan's Tokyo Electron Ltd. (J.TKE or 8035) estimates net orders for its chip-making equipment in the January-March quarter will reach Y75.6 billion, up 30% from a year earlier, the Nihon Keizai Shimbun reports Wednesday.

The increase in net orders - calculated by subtracting canceled orders from new orders - was the firm's first since the July-September quarter in 2000, indicating that a rebound in the semiconductor market is now spreading to chip-making gear orders.

New orders jumped 85% on the quarter to Y84.5 billion due to increased capital investments by South Korean and Taiwanese chip manufacturers. Canceled orders came to Y8.9 billion, declining from the previous quarter's Y20.1 billion.

Orders for the firm's mainstay resist application processors and liquid-crystal-making gear increased sharply.
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