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To: BMcV who wrote (655)4/21/1999 10:18:00 AM
From: SJS  Respond to of 1214
 
Yes. Heard on CNBC that chip stocks got upgraded ....AND....

Terrific book-to-bill this morning!



To: BMcV who wrote (655)4/21/1999 11:43:00 AM
From: Beltropolis Boy  Read Replies (1) | Respond to of 1214
 
Published Wednesday, April 21, 1999
San Jose Mercury News
BUSINESS NEWS
Chip execs voice optimism about growth outlook

Most semiconductor industry executives are optimistic about industry growth over the next two years, according to a survey by Ernst & Young LLP. Ernst & Young said 84 percent of 312 senior executives surveyed expect the industry to return to its historical growth rates within two years. Worldwide sales of semiconductors fell 8.4 percent in 1998, the biggest decline since 1985, as computer memory-chip prices tumbled, according to market-research firm Dataquest.

Separately, the Mountain View-based Semiconductor Equipment and Materials International book-to-bill ratio, which gauges demand for chip-equipment tools made in the United States, rose to 1.3 in March, its sixth straight monthly increase. A ratio of 1.3 means that U.S. makers of semiconductor equipment took in $130 in orders for every $100 of shipments, and indicates a growing market.