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Technology Stocks : FSII - The Worst is Over?
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To: Kent Sarikaya who wrote (1445)9/17/1997 12:30:00 PM
From: Running Bull   of 2754
 
New data from SEMI via SEMICONDUCTOR DAILY

Orders keep growing for chip gear

MOUNTAIN VIEW, Calif.--Demand continues to grow for semiconductor
manufacturing equipment with North American suppliers posting a healthy
book-to-bill ratio of 1.11 in August, according to the Semiconductor
Equipment and Materials International (SEMI) trade group here today.

"An important trend shown in the August data is the steady advance in
equipment orders," said Dick Greene, principal analyst for SEMI. "In fact,
orders have advanced in each of the prior six months (March-August 1997).
This month's index reflects the continuing investment by semiconductor
companies in the next level of technology and increased capacity."

Three-month average shipments increased last month to $1.5 billion
worldwide, according to the latest data from SEMI's North American
members. The August billings figure is 5% higher than it was in July and 24%
above levels a year ago. Three-month average bookings increased last month
to $1.7 billion. The August figure was 3% above July and 94% higher than
August 1996, when chip makers were experiencing the worst of last year's
sales slump.

SEMI's revised July book-to-bill ratio was 1.13, reflecting shipments of
$1.468 billion and orders for equipment totaling $ 1.662 billion worldwide.
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