and I have a feeling that this time of the quarter is what Mr. Savitz lives for. "I feel good..."
One of the posts that caught my eye:
Semi Equip Book-To-Bill Hits 0.1 As Orders Evaporate
You have to wonder if any industry ever has suffered through a downturn like the one the semiconductor equipment industry is now enduring.
According to EETimes, the seers at VLSI Research now says the worldwide fab tool book-to-bill ratio in January dropped to 0.1, one of the lowest levels ever. A book-to-bill of 0.1 means that for every $10 in orders filled, just $1 of new orders are received.
The research firm expects a 49% drop in equipment sales this year....MORE
I can't recall ever seeing a book to bill that low. Ever.
So, of course we see this in TTD's headlines:
What’s Up With AMAT And The Equipment Stocks?
The large-cap semiconductor equipment stocks this afternoon have caught fire:...
