The team of Bozo's, the CEO and CFO must go. This company is worth about $3.40 per share in cash. That means the market thinks this cadaver's business is worth only a couple of dollars a share when you consider the cash value per share.

Business is down, AE has exported most of it production and administrative China. The CEO flies all around the world in business class.

Sitting on over $200 million in cash, you would think the company would have the imagination to use this cache of funds to expand or diversify out of the semi market...or pay a dividend to the shareholders (its our cash!). Instead, the CFO has managed to buy back over $70 million of AEIS stock in the 9 to 12 dollar range. Great move Bozo. You can see by the current stock price that your program has done wonders for the shareholders. Of course his job appears to be safe since he has his head up the butt of the former CFO and now board member.

The twin Bozo’s go to investor conferences touting AE is an inverter / green company. The truth is that AE is the same old semi-conductor equipment company and the market is smart enough to realize the truth.