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

To: StanX Long who wrote (63088)	4/23/2002 4:50:51 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Chip gear book-to-bill finally moves above parity, says SEMI Semiconductor Business News (04/22/02 19:01 p.m. EST) siliconstrategies.com SAN JOSE -- North American-based suppliers of chip production systems posted a book-to-bill ratio of 1.04 in March--the first reading above parity since November 2000, said the Semiconductor Equipment and Materials International (SEMI) trade group today. The book-to-bill ratio of 1.04 means suppliers were taking in $104 worth of new orders for every $100 of products billed in March. SEMI said suppliers posted $838.8 million in bookings, based on a three-month moving average, while billings were at $808.1 million last month. "The three-month average billing figure softened slightly from the prior month. However, the overall ratio of bookings to billings rose above unity for the first time in sixteen months, signaling prospects for an improving industry revenue picture in the months ahead," said Stanley Myers, president and CEO of SEMI. "While we look for further confirmation of a recovery in the semiconductor equipment market, the improving trends are encouraging."