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Technology Stocks : AEHR
AEHR 26.010.0%Nov 3 3:59 PM EST

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To: stockvalinvestor who wrote (55)3/27/2007 7:14:44 PM
From: Tom Caruthers   of 157
 
Good combination of new orders and decent earnings.

Conference call helpful. Looks like Texas Instruments is running out of capacity and may start ordering MTX systems again in the near future, despite capital spending freeze - this quarter no MTX revenue. Half was FOX system orders. Gross margins expected to be in the high 40-low 50% range. Q4 revenue will exceed $7M. $8M FOX system orders increasing backlog to $18M, new MTX customer.

Looking to add 2 more FOX customer by end of calendar year. Overall, revenue seems to be ramping, so better times ahead.

Tom
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