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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Duker who wrote (3353)	9/21/1999 7:28:00 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 5867

Press Room - Book-to-Bill NORTH AMERICAN SEMICONDUCTOR EQUIPMENT INDUSTRY POSTS AUGUST 1999 BOOK-TO-BILL RATIO OF 1.08 Year-Over-Year Bookings Up More Than 150 Percent MOUNTAIN VIEW, Calif., September 21, 1999 -- The North American-based manufacturers of semiconductor equipment posted an August 1999 Book-to-Bill ratio of 1.08, it was reported by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 1.08 means $108 in orders were received for each $100 worth of products shipped. The three-month average of worldwide shipments in August 1999 was $1.3 billion. The figure is even with the July 1999 level, yet is 32 percent above the August 1998 shipments level of $1.0 billion. The three-month average of bookings in August 1999 was $1.5 billion. The bookings figure is three percent below July 1999 yet is more than 150 percent above the August 1998 level of $571 million and 202 percent above the cyclical low point of $481 million posted in September 1998. "While the implications of the earthquake in Taiwan have yet to be fully understood, the industry macro indicators are generally looking up," said Stanley Myers, president of SEMI. "Production capacity utilization is running more than 90 percent, DRAM prices are firming and computer and telecom equipment sales are healthy, all of which suggest a pickup in bookings for semiconductor equipment in the fourth quarter." The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average shipments for the North American semiconductor equipment industry. Shipments and bookings figures are in millions of U.S. dollars. semi.org