Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: LemurHouse who wrote (7432)	12/18/1998 11:50:00 AM
From: orkrious	Read Replies (1) \| Respond to of 10921

Andrew, re I disagree. BTB indicates that we are still headed in the WRONG direction sorry, I respectfully disagree with you. It is more important that the derivative turn positive than the slope turn positive. It is the second month in a row that the rate of decrease is slowing. the bottom is near, and the market discounts the future. There is one point on which we agree. This rally is a little ahead of itself, but I'm happy. jay

To: LemurHouse who wrote (7432)	12/18/1998 2:09:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Andrew, I couldn't disagree more with the conclusion that you stated. ... BTB indicates that we are still headed in the WRONG direction,... Look at the underlying numbers. Both Book and Bill are up sharply from their lows. When the Final numbers are in, November Bookings are likely to be nearly double their September low; and billings up more than 25% from the September or October low. The BTB indicates that the low has already been reached; that the upleg is underway. Being misled by a ratio isn't a good investment tactic. FWIW, Ian. Month Shipments Bookings Book-to-Bill June 98 1,265.5 932.7 0.74 July 98 1,112.1 717.6 0.65 August 98 1011.8 571.6 0.57 September 98 (final) 845.7 481.3 0.57 October 98 (revised) 834.4 623.5 0.75 November 98 (prelim.) 962.9 805.0 0.84