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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: wooden ships who wrote (6197)7/25/1998 11:43:00 PM
From: DessertRat  Read Replies (4) of 42834
 
*** Semiconductor equipment book-to-bill in June lower

North American semiconductor equipment manufacturers saw a decline in
orders in June, pushing down the industry's benchmark measurement of
orders to shipments, or the book-to-bill ratio, to 0.74. According to
Semiconductor Equipment and Materials International, a trade group
representing the equipment manufacturers, preliminary figures showed
$74 in orders were received for every $100 worth of products shipped
in June. "Contrary to everyone's hopes, May 1998 was not the bottom
of the downturn cycle, although shipments were essentially equal to
those of a year ago," said an analyst with SEMI. The revised figure
for May's book-to-bill was 0.81, SEMI said. See
infobeat.com

Looks like all you holders of UTEK, AMAT and KLA Tencor are f*cked !
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