Question-and-Answer Session
Operator
Thank you very much. (Operator instructions)
Let’s take our first question from Jim Covello, Goldman Sachs.
Jim Covello - Goldman Sachs
In the DRAM market for your business how are your customers positioned to pay for some of these advancements relative to their current liquidity positions? What are you they telling you about that?
Mario Ruscev
Well, you know what they say is that we are really in this position of the issue of demand and supply. And that is not addressed up to now and we will fill it in cash. So what we see now is our customers are starting to go down in capacity or at least not putting that as the first priority.
We also see some of our customers which are going quite further along with node and some which are stuck at some further nodes. So with all that we don’t suspend it a long-term. So they will work with more efficiently.
So I guess it is a choice of where the little remaining cash goes and we do believe that if you see the first movement, this has to be the consumer, there will be maybe a little more cash flow efficiency gains.
Jim Covello - Goldman Sachs
Okay, that is helpful. And then relative to your own cash position, you know we’ve asked this question a couple of times over the last year, as you mentioned FormFactor’s position is more stable today than it was 12 months ago. Given the relatively more stable position that the company is in, is there more of a thought to putting the very significant cash balance to work for shareholders at this point? Thank you.
Mario Ruscev
On the cash flow front, for the last couple of months I put cash in even more precious things. I would answer the same thing but also it is a little more on faces. We are certainly looking at how to use this cash in the most efficient way. And we are looking at all the possible options.
Jim Covello - Goldman Sachs
Any timeframe that you could help to be more specific on? Is it one quarter, two quarter?
Mario Ruscev
It is just too early. But certainly like I said the recent conditions certainly emphasize that looking for cash and how to use this cash has become quite important in our schedule.
Jim Covello - Goldman Sachs
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