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To: BMcV who wrote (655)	4/21/1999 11:43:00 AM
From: Beltropolis Boy	Read Replies (1) of 1214

Published Wednesday, April 21, 1999 San Jose Mercury News BUSINESS NEWS Chip execs voice optimism about growth outlook Most semiconductor industry executives are optimistic about industry growth over the next two years, according to a survey by Ernst & Young LLP. Ernst & Young said 84 percent of 312 senior executives surveyed expect the industry to return to its historical growth rates within two years. Worldwide sales of semiconductors fell 8.4 percent in 1998, the biggest decline since 1985, as computer memory-chip prices tumbled, according to market-research firm Dataquest. Separately, the Mountain View-based Semiconductor Equipment and Materials International book-to-bill ratio, which gauges demand for chip-equipment tools made in the United States, rose to 1.3 in March, its sixth straight monthly increase. A ratio of 1.3 means that U.S. makers of semiconductor equipment took in $130 in orders for every $100 of shipments, and indicates a growing market.

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