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To: DJBEINO who wrote (36435)	7/23/1998 4:10:00 PM
From: TREND1	Read Replies (2) \| Respond to of 53903

Semiconductor equipment book-to-bill in June lower MOUNTAIN VIEW, California, July 22 (Reuters) - North American semiconductor equipment manufacturers saw a decline in orders in June, pushing down the industry's benchmark measurement of orders to shipments, or the book-to-bill ratio, to 0.74. According to Semiconductor Equipment and Materials International, or SEMI, a trade group representing the equipment manufacturers, preliminary figures showed $74 in orders were received for every $100 worth of products shipped in June. "Contrary to everyone's hopes, May 1998 was not the bottom of the downturn cycle, although shipments were essentially equal to those of a year ago," said Dick Greene, principal analyst with SEMI said in a statement. The revised figure for May's book-to-bill was 0.81, SEMI said. The trade group said the figures for the month of June showed the three-month rolling average for shipments at $1.2 billion, off nine percent from May and about even with June of 1997. The three-month rolling average for bookings in June were $911 million, down 16 percent from May and 32 percent below their levels during the same period last year.. SEMI said its book-to-bill is a ratio of the three-month moving average in bookings compared to the three-month moving average in shipments. -- ((New York Newsdesk 212-859-1700; Fax 212-859-1717))