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To: Mark Oliver who wrote (5895)6/17/1998 3:53:00 PM
From: Math Junkie  Respond to of 10921
 
Mark, I think most semiconductor equipment is priced in dollars, which would eliminate any need to correct the BtB for currency fluctuations.



To: Mark Oliver who wrote (5895)6/17/1998 5:49:00 PM
From: Katherine Derbyshire  Read Replies (3) | Respond to of 10921
 
>>That being said, I really do not know how they build in corrections for currency
changes into the btb. Perhaps that is where the moving average comes in.<<

The SEMI book to bill is sales by North American equipment companies, therefore it's a safe bet that all the transactions take place in US$.

(Or if they don't, that the companies do the conversion internally according to GAAP.)

Katherine


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