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Technology Stocks : Seeq Technology Coming Back....
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To: bob zagorin who wrote (1955)1/27/1999 5:01:00 PM
From: tom jones  Read Replies (2) of 2127
 
bob and all: This is from Seeq's earnings release:
''We are pleased to report, however, that bookings for this first quarter rose substantially compared to last quarter and that our book-to-bill ratio has returned to above unity. This stronger backlog should enable us to achieve higher revenues in upcoming periods."
How long does it take to receive payment from the booking date in this industry (or company)? Will all the bookings from the first of the quarter be filled? Do customers book more then 3 months ahead of time or do they want the product ASAP? Is there any question that higher bookings will lead to higher revenue? Is there any chance that Seeq delayed sales last quarter to make this quarter look much better?
BRCM's fourth quarter revenue was 34% above third quarter and LEVL's fourth quarter revenue was 19% above third quarter.
Tom
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