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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 173.79-1.2%Dec 30 3:59 PM EST
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To: Ian@SI who wrote (2578)9/17/1997 9:38:00 AM
From: Ian@SI   of 10921
 
Another excellent Book to Bill for the Equipment sector with increased magnituder of both Bookings and Billings. Ratio slipped from 1.13 to 1.11; Press release follows:

Wednesday September 17 8:35 AM EDT

Semiconductor equipment Industry posts Aug. ratio

MOUNTAIN VIEW, Calif., Sept 17 - The North American semiconductor equipment industry posted a book-to-bill ratio of 1.11 for August 1997, Semiconductor Equipment and Materials International said.

A book-to-bill of 1.11 means $111 in orders were received for each $100 worth of products shipped.

Three-month average shipments increased in August 1997 to $1.5 billion. The figure is five percent above the July 1997 level and 24 percent above the August 1996 level. Three-month average bookings increased in August 1997 to $1.7 billion.

The bookings figure rose three percent above the July 1997 level and 94 percent above the August 1996 level.

The Semiconductor Equipment and Materials Internatinal book-to-bill is a ratio of three-month moving average bookings to three-month moving average shipments. Shipments and bookings figures are in millions of U.S. dollars.

SEMI is an international trade association.
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