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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jeffbas who wrote (30396)10/6/1998 12:20:00 PM
From: upanddown  Read Replies (1) of 95453
 
Re VRC

There does seem to be significant weakening of new orders during each 98 qtr...what the semi industry would call a bad book-to-bill.

Q1 286.5
Q2 193.6
Q3 135.0

Backlog down from 596.3 to 490 during 3rd Qtr

biz.yahoo.com

biz.yahoo.com

Question is whether it is due to general industry malaise or weakening of VRC competitive position within industry...

John
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