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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (35854)	7/21/2000 5:20:58 PM
From: Fred Levine	Read Replies (2) \| Respond to of 70976

Notice the ABSOLUTE increases in sales, and NOT the B to B... Tech Report Shipment of chip gear rises in June By Janet Haney, CBS.MarketWatch.com Last Update: 4:57 PM ET Jul 21, 2000 NewsWatch Latest headlines SAN JOSE, Calif. (CBS.MW) -- Shares of chip equipment stocks weren't encouraged by the strong June booking and shipment numbers Friday, released by Semiconductor Equipment and Materials International. SEMI, an international trade association for the chip gear industry, said late Thursday that the North American-based makers of chip equipment book-to-bill ratio reached 1.26 in June. This means that for every $126 in orders received, $100 worth of products was shipped. June's number is down slightly from May's book-to-bill of 1.28. "While the pace is moderating, orders of semiconductor manufacturing equipment continued an upward trend in June," said Stanley Myers, president and CEO of SEMI. "Enthusiasm for a banner growth year was evident last week at the SEMICON West exposition, where the industry saw robust activity and strong sentiment for continued expansion in the chip industry." Bookings in June 2000 totaled $2.8 billion, a 79 percent jump from the year-earlier number of $1.6 billion. Additionally, shipments for June reached $2.2 billion, 73 percent higher than the $1.3 billion reported in June 1999. The Philadelphia Semiconductor Index ($SOX: news, msgs), a barometer of chip and chip equipment stock activity, lost 5.6 percent in recent trading, with chip gear makers Applied Materials (AMAT: news, msgs) and KLA-Tencor (KLAC: news, msgs) among the losers. Janet Haney is a reporter for CBS.MarketWatch.com. fred