The word is out. The recession isn't even close to over and it's not even close to the time to invest in early cycle stocks like ON Semi. Within the next week, the entire investment world will realize it's the summer down season and will profit take sending the down back below 8000. After all, they've laid of over 6million americans and are STILL laying off another 500K/month. That's worse than bad. There will be no rocovery without jobs. Dump this piece of shit now and wait till NOV to see if the stimulus actually creates a few jobs. If so, consumer demand will raise and then this POS might be a better buy...and at a much lower price. About One week after this earning call, you can see this stock start to plummet down towards the $5 range...AGAIN.