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

To: blake_paterson who wrote (26567)	11/20/1998 8:50:00 AM
From: Anthony Wong	Respond to of 70976

Stocks May Rise on Hopes Tech Shares Will Power Growth; Cendant May Rise bloomberg.com Applied Materials, the world's biggest maker of chipmaking equipment, and Intel, the largest chipmaker, may gain on news the semiconductor equipment industry's book-to-bill ratio rose to 0.73 in October, up from 0.56 in September. The ratio measures demand for the machinery used to manufacture computer chips. The latest reading means that for every $100 worth of shipments, the equipment makers took in $73 in new orders. Applied Materials shares traded in Germany rose 1 deutsche mark to 63. Intel shares gained 0.5 deutsche marks to 190.