Saw a new job listed on Monster, but not on the company website yet.
Senior Manufacturing Engineer / Mechanical
About the Job
Aehr Test Systems (NASDAQ: AEHR) is a market leader in the Semiconductor Capital Equipment Industry, providing advanced solutions for semiconductor Burn-In and Test. Our innovative single touchdown full wafer burn-in and massively parallel test systems are revolutionizing the industry. Come join our team! We are seeking dynamic individual, with excellent technical skills, to fill our immediate opening for a:
SENIOR MANUFACTURING ENGINEER - MECHANICAL
Support Manufacturing by resolving production issues, setting-up manufacturing processes and procedures, and driving continuous improvements.
Create new and update existing BOMS
Design and develop necessary tooling, jigs and fixtures in support of sub-assembly, system integration and final system test.
Analyze production issues and identify, test and implement the most effective solutions in a timely manner.
Work with Design Engineering in design for manufacturability in the development of new products and processes.
Develop and implement quality assurance standards, processes, and controls.
Develop methods for inspection, testing, sampling, and training. Evaluate production capabilities and recommends improvements.
Not me. Someone bought 100 shares at the ask right at 4 PM though. Still, there was a little volume at higher prices during the day. Selling or buying 100,000 shares would move it a dollar probably. Seems like there isn't much volume until the guys on the west coast get to work.
I have a spreadsheet with revenues and earnings going back to 1994. Total revenues since 1994 are $530 million with the peak years actually back in 97 and 98 at $42M and $40M. 2008 was $39M just before Spansion went bust. I think the new systems range from $500K to well over $1M.
I was at HQ in August, but don't think I will be able to make the Annual Meeting. Maybe you can help them put the shrink wrap on a couple of new systems and get them out the door.
Def 14A is out if interested. Anyone going to the annual meeting?
You are cordially invited to attend the Annual Meeting of Shareholders, or the Annual Meeting, of Aehr Test Systems, a California corporation, or the Company, to be held on October 20, 2015, at 4:00 p.m., at the Company’s corporate headquarters located at 400 Kato Terrace, Fremont, California 94539, for the following purposes:
Samsung has just launched the 950 Pro, its first consumer SSD that puts vertical NAND (V-NAND) tech into a gumstick-sized M.2 PCI Express device. The result, as you might guess, is speed. The 512GB model, which costs a reasonable $350, can read at 2.5GB/s and write at 1.5GB/s, easily beating the company's last speed champ, the SM951 SSD. It's also Samsung's first mainstream drive to use NVMe (Non-Volatile Memory Express), an interface designed specifically for SSDs to help them sip less power and last longer. As a result, the 512GB model is warrantied to write up to 400TB of data. The drives use Samsung's 2nd-generation 32-layer V-NAND, not the 48-layer chips it recently announced.
The 950 Pro follows in the footsteps of Samsung's SATA-interface 850 Pro, but leaves that drive in the dust with four times the read speeds and triple the write speeds. The company is positioning it as "ideal for professionals who want cutting-edge performance, higher bandwidth and lower latency for high-end PCs" or laptops. They can also withstand 20G vibrations and 1500G (over 0.5 milliseconds) of physical shock, making them suitable for rugged devices. The best part is that, unlike Samsung's previous OEM-only drives, you can buy one easily -- they arrive next month for $200 (256GB) and $350 (512GB).
Yahoo didn't bump my updated topic to the top, but:
Just checked today and job openings were up to 61. Mostly in the Mobile Modular division. This is up from a couple of other times I checked this year, so they must feel OK about the business.
Here are the SI numbers for the last couple of years.
Date ----------- Short Int ----- Av Vol ---- Days to Cov
31-Aug-2015--- 3,473,639--- 244,733--- 14
14-Aug-2015--- 3,332,824--- 125,726--- 27
31-Jul-2015--- 3,166,211--- 149,633--- 21
15-Jul-2015--- 3,070,749--- 189,193--- 16
30-Jun-2015--- 3,000,930--- 348,045--- 9
15-Jun-2015--- 2,783,074--- 135,305--- 21
29-May-2015--- 2,673,279--- 228,514--- 12
15-May-2015--- 2,395,250--- 113,502--- 21
30-Apr-2015--- 2,292,061--- 147,391--- 16
15-Apr-2015--- 2,201,694--- 144,902--- 15
31-Mar-2015--- 2,096,648--- 209,033--- 10
13-Mar-2015--- 1,892,549--- 217,694--- 9
27-Feb-2015--- 1,835,397--- 128,828--- 14
13-Feb-2015--- 1,870,228--- 187,500--- 10
30-Jan-2015--- 1,842,875--- 221,661--- 8
15-Jan-2015--- 1,763,440--- 144,723--- 12
31-Dec-2014--- 1,788,921--- 179,087--- 10
15-Dec-2014--- 1,864,326--- 156,961--- 12
28-Nov-2014--- 1,912,672--- 146,171--- 13
14-Nov-2014--- 1,878,349--- 108,084--- 17
31-Oct-2014--- 1,940,925--- 145,831--- 13
15-Oct-2014--- 2,158,257--- 171,173--- 13
30-Sep-2014--- 2,233,706--- 124,350--- 18
15-Sep-2014--- 2,066,754--- 93,007--- 22
29-Aug-2014--- 2,030,852--- 125,627--- 16
15-Aug-2014--- 1,937,353--- 72,121--- 27
31-Jul-2014--- 1,935,316--- 89,210--- 22
15-Jul-2014--- 1,917,130--- 101,913--- 19
30-Jun-2014--- 1,909,282--- 124,323--- 15
13-Jun-2014--- 1,822,342--- 106,421--- 17
30-May-2014--- 1,818,212--- 119,529--- 15
15-May-2014--- 1,750,275--- 147,780--- 12
30-Apr-2014--- 1,756,714--- 132,882--- 13
15-Apr-2014--- 1,769,409--- 136,237--- 13
31-Mar-2014--- 1,743,947--- 179,560--- 10
14-Mar-2014--- 1,636,121--- 171,983--- 10
28-Feb-2014--- 1,345,416--- 100,761--- 13
14-Feb-2014--- 1,325,023--- 89,884--- 15
31-Jan-2014--- 1,358,902--- 130,972--- 10
15-Jan-2014--- 1,332,382--- 148,225--- 9
31-Dec-2013--- 1,371,883--- 130,276--- 11
Q1 out next Thursday I guess. A little early? Would love to ascribe some good news to it, but maybe the new guy is just enthusiastic starting out.
FREMONT, Calif., Sept. 17, 2015 (GLOBE NEWSWIRE) -- Aehr Test Systems (AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its first quarter of fiscal 2016 ended August 31, 2015 on Thursday, September 24, 2015 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.
Definitely the way of the future. Would love to have a small light on each of my side mirrors that indicated if someone was in my blind spot also. Just a simple red or green indicator would be nice. Could also let you know if someone was coming up quickly into your blind spot.
ORLANDO, Fla. – (PR Newswire) – September 14, 2015 - API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that Eric F. Seeton has been named Chief Financial Officer effective September 8, 2015.
“I am very excited to announce the appointment of Eric Seeton as API’s new CFO,” said Robert Tavares, President and Chief Executive Officer, API Technologies. “Eric is an accomplished finance executive and RF/microwave technology veteran. His previous success driving profitability and performance improvements for both public and private companies will be invaluable as we continue to grow the API business. Eric is a strong addition to the executive team who will provide the strategic financial oversight and commitment to LEAN practices that will create even greater value for our customers, employees, and shareholders.”
Mr. Seeton comes to API with 20 years of experience in the RF/Microwave and healthcare industries. Prior to joining API, Mr. Seeton served as Business Unit Finance Director for Analog Devices (NASDAQ: ADI), a $3 billion manufacturer of integrated circuits. He joined Analog Devices as part of its July 2014 acquisition of Hittite Microwave Corp., where Mr. Seeton served as Hittite’s Director of Finance for three years. Earlier in his career, he served various finance leadership roles at Johnson & Johnson and Procter & Gamble (formerly The Gillette Company). Mr. Seeton holds an MBA from Cornell University and a B.S. in Accounting from Bentley College in Waltham, MA.
Claudio Mannarino, who has served as Senior Vice President and Chief Financial Officer, will transition to another role at API.
That was the gist of an article in this week's Barron's. They had a few kind words about TXN, but in general think the bottom isn't in yet. I posted the entire article at the Investor Village AEHR Test message board if you are interested.
Those guys in the UK do a nice job of getting PRs out.
Max 5, the latest re-packaging of the Hurco control, launches later this month at two Hurco open house events in High Wycombe (22-23 September) and Huddersfield (24 September). The most noticeable new feature is the new screen size - 19 inches - 60% bigger than Ultimax 4. A new graphics engine gives additional options and clarity to the programming process.There are now two options for the ergonomically designed remote jog. The basic remote jog is now standard on all new Max 5 Hurco machines. An upgraded jog unit is available with an integrated LCD display.In total, 80 improvements have been made compared to the previous control. The Open House events are great opportunities to see these improvements at first hand.In addition it is offering discounts of up to 20% off all remaining ex-stock and ex-demo Max 4 machines.
I thought it was a pretty good quarter also. At some point, assuming the dollar doesn't appreciate any more against the other currencies, the Q over Q negative impact of exchange rates should go away also. There was also a Seeking Alpha article today titled:
Hurco Companies: This Hi-Tech Engineering Small-Cap Is Now A Steal
Also saw this article in the WSJ CFO journal.
Aehr Test Systems, a semiconductor-test-equipment supplier based in Fremont, Calif., named Kenneth Spink its new finance chief, effective Sept. 9. Mr. Spink succeeds Gary Larson, who will retire at the same time. Prior to assuming the role, Mr. Spink has worked at Aehr Test for seven years as corporate controller. The company did not disclose Mr. Spink’s compensation information. In 2014, Mr. Larson received a total compensation of $256,076, with a base salary of $179,155, according to a proxy filing.
I noticed that Mr. Larson filed a Form 4 that shows he doesn't need to file any longer. I would also expect to see a Form 3 and 4 for the new CFO, Ken Spink in a day or two showing some free shares, etc.
New car sales have been at record highs lately, so the statistic about the average age of cars on the road may not be current.
Not sure there is really much they can do to fix things. Sure, Farr made some bad calls, but a lot of the problem is just being in the wrong products at the wrong time. They make good products for the most part, but there isn't much demand for them currently. They could make huge changes to the product lines and wind up doing it at the bottom of the demand cycle for the current products.