It is funny reading the cc transcript to see analysts kept asking about when the memory market will recover. Nick kept feeding them this BS about ...yeah... it is firming and we are ready for it. How will ESI do that? Their laser technology is not used to do memory repairs anymore. The memory group is gutted. The only work left is supporting the current customers and to customize processes for older memory parts. Duh...why are there no memory sales in the last 3 quarters?...because there are no market left for ESI.

When will ESI board wakes up and realize that this current CEO have ran this company to the ground. He has fired all the senior engineers, destroyed all the product lines. Now left which some cash ( which is dwindling rapidly if keep loosing $20 mil a quarter ) and no products in the pipeline.

Oh yeah, Nick still have a couple of "wet dream" products in the pipeline ... all being developed by all those "new college grads" he recently hired!