I felt squeamish in noting the Semi Equipment strength and its economic implications to you back in January of 2013 and in hindsight, these are the financial markets and there is no place for squeamish.
Booking, Billings and Book-to-Bill for May are a knock out. What’s more, we now have a 3 month trend in Semiconductor equipment bookings. With the strong billings as well, we probably have the makings of a good reporting season for Q2 (April-June) unless the world ends this month.
related: Early Warning On Trend Change