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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,227+2.8%Nov 5 3:59 PM EST
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To: SemiBull who wrote (1653)6/18/2002 8:47:41 PM
From: Ron  Read Replies (1) of 1779
 
North American Semiconductor Equipment Industry Posts May 2002 Book-to-Bill Ratio of 1.26

SAN JOSE, Calif., June 18, 2002 -- The North American-based manufacturers of semiconductor
equipment posted $1.08 billion in orders in May 2002 (three-month average basis) and a book-to-bill ratio
of 1.26, according to the May 2002 Express Report published today by Semiconductor Equipment and
Materials International (SEMI). A book-to-bill of 1.26 means that $126 worth of new orders were received
for every $100 of product billed for the month.

The three-month average of worldwide bookings in May 2002 was $1.08 billion. The bookings figure is
nine percent above the revised April 2002 level of $996 million and 50 percent above the $723 million in
orders posted in May 2001.

The three-month average of worldwide billings in May 2002 was $862 million. The billings figure is six
percent above the revised April 2002 level of $815 million and 41 percent below the May 2001 billings
level of $1.46 billion.

"For the second month in a row, bookings have shown positive year-over-year growth and, for the first
time since March 2001, average bookings have reached above the billion-dollar mark," said Stanley
Myers, president and CEO of SEMI. "Recent forecasts showing expectations of low, single-digit growth
for the chip market in 2002, suggest we will see continued sequential improvement in semiconductor
capital spending with a more robust market anticipated in late 2002 or early 2003."
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