This strength could result in orders coming in as high as 1.4 billion, above our original 1.2 billion estimate for the quarter.
More Quotes from Brett Hodess:
The direction and level of the book-to-bill have been well anticipated by the market in our opinion. Thus, we expect little impact on the stocks from this news. Once the order reductions begin, they have continued for an average of nine months in previous downturns, in a range from seven- to- 10-months from peak to trough orders.Brett Hodess
Flattening orders and improving leading edge capacity utilization the industry is clearly entering the trough.
Brett Hodess
Business conditions remain weak with little visibility. An upturn is not viewed as likely before year-end.
Brett Hodess
Chip makers will get what they need, but the solar cell companies will not get what they need and companies will not meet the forecasts people have for them.
Brett Hodess
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