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Technology Stocks : Semi Equipment Analysis
SOXX 270.83+1.0%Nov 21 4:00 PM EST

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To: Donald Wennerstrom who wrote (47904)5/20/2010 7:20:18 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) of 95457
 
This is a more detailed look at Bookings and Billings comparing the results for 2009 and 2010. Bookings for the first 4 months of 2010 are only 872M less than the total for all of 2009. Bookings for April were 479 percent greater than April of 2009. For the first 4 months of this year, Bookings are 405 percent better than the first 4 months of 2009.

Billings are following Bookings in the upward spiral though not as large in percentage terms. Since Billings are less than Bookings, Backlog is building on a monthly basis which is always a nice position for businesses to be in. Compared to the first 4 months of last year, Billings are up 125 percent.

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