For some reason, Yahoo won't let me post the article here, so I will put it on the Investor Village site if anyone wants to read it.
Interesting that they modified the customer list to include them. Intel is certainly one of the target customers for 3D, but I don't recall AEHR using their name in any of the CCs. Hopeful thinking on their part?
Saw these tweets by Musk. Hope AEHR doesn't have to compete with them for new hires. The Tesla factory is almost next door to AEHR.
Elon Musk @elonmusk · 56m56 minutes ago
We are looking for hardcore software engineers. No prior experience with cars required. Please include code sample or link to your work.
Elon Musk @elonmusk · 47m47 minutes ago
Should mention that I will be interviewing people personally and Autopilot reports directly to me. This is a super high priority.
That is a possibility. I noticed that WESTERLY CAPITAL MANAGEMENT sold about 130,000 shares during Q3 when I checked their 13F-HR filing. They are now under the 5% mark. As you say, it's pretty quiet and drifting lower. On the positive side, the last couple of times we got this low, it was followed by a pretty good move to the upside.
Remembering one of your recent posts, perhaps you could perform some prestidigitation act after your purchase to move the share price up. Ha. Seriously, the timing is right and the price has dropped. We just have no idea whether to expect the orders and delivery news required to start this back up.
At 3:00 PM ET today, someone bought all available shares up to about $2.23. Then I noticed an offer of about 10,000 shares at $2.25. The bid is back to $2.03, so maybe we drift back down again so they can buy more shares. Just guessing, but it was an interesting move.
OK, no shares traded today. We need some news, but the next earnings CC will probably not be until after the first of the new year. Could still get some product order PRs I guess.
Yup. 10,000 in the last minute or so also. I had a bid in all day for 3,000 at $2.00. Didn't get a share, even though 5,300 shares traded at that price during the day. Also, there were 3,000 traded at $1.99 at 4:07 pm. We don't usually trade after hours. Hmmm....
Looks like this job: "SENIOR ACCOUNTANT / FP & A", was filled. The careers page was updated on Nov. 6, and this opening is not there anymore. The 4 tech jobs are still there. It's hard to find really qualified people that don't have jobs currently.
Saw something about this on the CY board:
Nov. 5, 2015 10:28 a.m. ET
BEIJING—Tsinghua Unigroup Ltd. plans to plow more than $12 billion into a new memory-chip plant and acquisitions of semiconductor companies, as the Chinese state-owned company continues a drive to build a globally competitive chip maker.
Months after an unsuccessful effort to acquire U.S. memory chip maker Micron Technology Inc., Tsinghua Unigroup will build a memory-chip factory and make further acquisitions through a newly acquired subsidiary, Tongfang Guoxin Electronics Co., according to a Tongfang Guoxin filing on the Shenzhen stock exchange Thursday. The plans are pending regulatory approval and it wasn’t immediately clear how Tsinghua Unigroup would acquire the intellectual property to manufacture memory chips, which it currently doesn’t make.
OK, maybe I am crazy, but it feels like someone is trying to accumulate a few shares. Volume is almost non existent for most of the day, and then 10,000 or 20,000 shares trade. Feels like the bid/ask drifts lower to bring in more offers and then someone buys all the available shares up through the next 20 cents or so up. Then it goes quiet again for hours. Still no news, but I kind of think we hear something before the end of the quarter (Nov.30).
Not that I am expecting insider buys, but I think they still can trade. Director Anderson bought shares on Aug. 17 this year. That is only 2 weeks before the end of the quarter. That article I just posted on IV shows Intel planning to spend $5.5B in upgrades for its 3D XPoint chip plant in China.
From Oct. 20, I think. Hope AEHR can do some of the testing on these products.
Intel Expanding Investment in Non-Volatile Memory
2015 has definitely been a “memory-able” year for Intel!
Non-volatile memory-based solid state drives are a strong adjacency to Intel’s core computing business and a key part of Intel’s strategy to be a foundational supplier of the infrastructure that powers the smart, connected world. This combined with a fast growing market, present great opportunities to drive business growth for Intel.
This year, Intel® Solid State Drive (Intel® SSD) solutions revenue grew double-digits year-on-year every quarter. In addition, Intel and Micron introduced the jointly developed 3D NAND and 3D XPoint™ technologies, ensuring a strong future product portfolio that continues to be well received by our customers. Our partnership with Micron remains very strong.
For our part, we are aggressively working on bringing Intel® Optane™ technology – based on 3D XPoint – to market in Intel® SSDs in 2016. These products have the potential to revolutionize any device, application or service that benefits from fast access to large sets of data. For example, retailers may use Intel’s non-volatile memory products to more quickly identify fraud detection patterns in financial transactions; and healthcare researchers could process and analyze larger data sets in real time, accelerating complex tasks such as genetic analysis and disease tracking.
One other interesting note, since Loon was mentioned, Wiki says:
The company was founded as Weatherbill in 2006 by two former Google employees, David Friedberg and Siraj Khaliq.
Interesting that Monsanto just bought The Climate Corporation 2 years ago for $930M. Guess they were private, since I couldn't find any SEC filings for them. The latest MON 10-K doesn't break out any numbers on Precision Planting, so it's hard to know how big a deal it is. Guess it must be fairly large or they wouldn't have made an announcement. Wikipedia has a decent overview of The Climate Corporation.
From the CC, regarding the 1P. They said one or more in this quarter. If they can ship the first one and get a couple more orders for 1Ps before the end of the quarter that would help. A few orders for other older equipment would help also. We really need to see about another $6M in orders before the end of the year. It's probably still at least 6 months until (if) significant XP orders come in. I picked up a few shares at the close today for $1.99 per share. Who ever was buying earlier when we had a couple of larger volume days has disappeared.
OK, I read the PR and listened to the CC. Report was OK, but nothing all that exciting. Not sure why we are up almost $2. I sold a few shares today, but still have a bunch. Still seems like earning over a dollar per share for a year is a ways down the road. My guess for 2016 would be $0.75.
OK, this is a pretty long article and talks about Micron, Intel, NVidia, and others. Mostly about the requirements for a new types of processors that combine large amounts of memory with the CPU. Also about creating specific CPUs for specific tasks. I posted the article at the Investor Village message board for AEHR. Worth a read.