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

To: advocatedevil who wrote (57999)	12/21/2001 3:11:04 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

cut its capex budget next year by as much as 40 percent Well that sure Stinks. ;0(

To: advocatedevil who wrote (57999)	12/21/2001 3:14:00 AM
From: advocatedevil	Respond to of 70976

"IC-equipment orders fall as book-to-bill hits 0.73 in November, says SEMI" Semiconductor Business News (12/20/01 18:45 p.m. EST) SAN JOSE -- It appears that chip-equipment makers have not reached the bottom in the current and severe IC downturn, according to new figures from the Semiconductor Equipment andMaterials International (SEMI) trade organization here today. North American-based manufacturers of semiconductor equipment posted a book-to-bill ratio of 0.73 in November, according to SEMI. A book-to-bill of 0.73 means that $73 worth of new orders were received for every $100 of product shipped for the month. The figure from November is somewhat flat from October of 2001, when SEMI's book-to-bill ratio hit a modest 0.71 (see Nov. 20 story ). The three-month average of worldwide bookings was $612.3 million in November. The bookings figure is about 5% below the revised level of $647.1 million in October of 2001, and 77% below the $2.71 billion in orders posted in November of 2000. The three-month average of worldwide billings was $842.2 million in November. The billings figure is approximately 6% below the revised level of $896.7 million last month, and 65% below the $2.42 billion figure the like period a year ago. "North American suppliers of manufacturing equipment for the semiconductor industry continue to see orders drop on a monthly basis, reflecting the decline in global electronics production, excessive amount of existing manufacturing capacity and curtailed investment by the world's chip makers," said Stanley Myers, president and CEO of SEMI. "Billings have continued to slide to levels not seen since early 1995," he said. "However, the rates of decline for both billings and orders have lessened in recent months compared to the steeper descent earlier in the year," he said. The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average billings for the North American semiconductor equipment industry. siliconstrategies.com AdvocateDevil