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Technology Stocks : Semi Equipment Analysis

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To: Gottfried who wrote (29397)	3/16/2006 2:02:38 PM
From: Return to Sender	Read Replies (1) of 95632

Chip industry indicator slumps Thursday March 16, 12:38 pm ET biz.yahoo.com Bookings in the chip equipment industry fell 15 percent in February, compared with January. The measure is considered an indicator of the overall health of the semiconductor industry. The Portland-area is home to chip equipment companies, such as Electro Scientific Industries Inc. (NASDAQ: ESIO - News) and FEI Co. (NASDAQ: FEIC - News), and many semiconductor makers, such as Intel Corp. (NASDAQ: INTC - News). The chip equipment bookings, tabulated by Santa Clara, Calif.-based research firm VLSI Research Inc., are valuable because chip makers purchase more equipment when production is epexted to increase. According to the research firm, the book-to-bill ratio in February was a "healthy" 1.24, that means $1.24 in orders were received for every $1 billed in sales that month. VLSI attributed the early 2006 upswing in orders to flat capital spending by chip makers in 2005. An improved economic picture has those companies scrambling to purchase equipment. Published March 16, 2006 by The Business Journal

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