Ratios of SEMI billings and of SEMI bookings to SIA ww chip sales are at or very near 11 year lows <A HREF="http://home.comcast.net/~gottfriedm/SEMIcharts/bookingsratio.gif" target="_blank">http://home.comcast.net/~gottfriedm/SEMIcharts/bookingsratio.gif</A> <A HREF="http://home.comcast.net/~gottfriedm/SEMIcharts/billingsratio.gif" target="_blank">http://home.comcast.net/~gottfriedm/SEMIcharts/billingsratio.gif</A>