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Re: Zeev Hed post# 77497

Wednesday, 02/19/2003 9:08:17 AM

Wednesday, February 19, 2003 9:08:17 AM

Post# of 704041
Zeev, is this confirmation of your comment on "unreliability" or are the references to two different things?

From Yahoo! Finance, In Play, this morning:

7:54AM Semi Equip book-to-bill ratio falls to 0.92 : The semiconductor capital equipment book-to-bill ratio for January came in at 0.92. This represents a decline from December's b-to-b ratio of 0.94. Morgan Stanley's industry analyst's previous estimates were in the range of 0.93-0.98 for this indicator. The analyst believes this announcement to be a "non-event" despite missing his forecasts for January.


Fred

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