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Technology Stocks : AEHR -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (150)2/2/2009 7:24:25 PM
From: EACarl  Read Replies (2) | Respond to of 157
 
Here it is Bob, from the 10k for the fiscal year ended May 31, 2008.

Here's the sentence...
"During fiscal 2008, Spansion Inc. accounted for 79.6% of the Company's net sales."

And the paragraph below.........

"Sales to the Company's five largest customers accounted for approximately 98.2%, 75.8%, and 82.9% of its net sales in fiscal 2008, 2007 and 2006, respectively. During fiscal 2008, Spansion Inc. accounted for 79.6% of the Company's net sales. During fiscal 2007, Spansion Inc. and Texas Instruments Incorporated accounted for 39.2% and 22.9% of the Company's net sales, respectively. During fiscal 2006, Texas Instruments Incorporated and Spansion Inc. accounted for 47.9% and 24.9% of the Company's net sales, respectively. No other customers represented more than 10% of the Company's net sales for any of these periods."

yahoo.brand.edgar-online.com

If SPSN goes under (looks very likely), AEHR should start burning some serious cash.

Now we know why the stock "appears" to be cheap.

Regards, Eric.