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May 17, 2023·edited May 17, 2023

Hi Stocknovice thanks for the mid-month update. I was considering some semi conductor play. I like NVDA (its a strong AI play too) but i cannot bring myself to buy it at this valuation. I briefly looked at ASML and it looks like it could be an interesting company. Strong growth and strong margins - at the top end they are guiding for 40B revenue (up from 21B for FY 22) with margins of 56-60% by 2025. Have you considered ASML? If so, could you breifly share your thoughts on the company? Thank you.

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Thanks, Ronan. I'm not familiar with ASML. Taking a quick look, it's probably too big of a company for me to consider right now. I feel similarly about NVDA after its recent run. I owned NVDA for a short time a few years ago before an inventory glut caused it to lag. Given I prefer smaller companies with more room to double or triple over a reasonable amount of time, AEHR is where I'm rolling my semiconductor dice. AEHR's not a bet on what might be with AI. I believe it's more of a play on what's already happening with electric vehicles. At least that's how I'm thinking about it.

Sorry I can't be more helpful.

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Do not you add mndy? Looks solid report

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Not yet. I do like the fact they have apparently turned the cash flow and profit corner. I also like they have added CRM and some other products to move beyond straight collaboration software. I did notice though NRR dropped quite a bit for every cohort. Not quite sure what to make of that yet as I haven't had a chance to read the call.

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