Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from the line of C.J. Muse of Barclays Capital. Please proceed.
C.J. Muse - Barclays Capital
Hi, good evening. Thank you for taking my question. I guess first, first question on the cost-cutting side, can you talk about your plans I guess beyond this 43 million OpEx level and where you see that getting to by the second half of calendar 09 and what kind of breakeven we should anticipate for revenues.
Robert Halliday
Sure, we have cut really hard and fast C.J. I think we have cut as hard as everyone. We will be at 43 this quarter. I think as of now we are trying to turn down just a little bit more in Q3, Q4 but we would like to see a little bit more visibility before we commit to cut a lot more.
C.J. Muse - Barclays Capital
Okay.
Robert Halliday
Breakeven, if you say we can get back to -- so cash breakeven right, so it is got $43 million of expenses. We've got like $2 million of interest income is 41 and we've got about $10 million of non-cash stuff but if you're saying we're spending too on CapEx that is 33 of sort of cash burn right. We think the gross margins are low this quarter. So if you just multiply by 37.5 we are in the high 80s in terms of breakeven.
C.J. Muse - Barclays Capital
Okay helpful. In terms of your single wafer high-energy tool in the true zero implant is there a node where you could see technology bias there as supposed to just pure capacity.
Robert Halliday
We're making good progress with some additional large customers. So I think that we will see in 2009 the opportunity to penetrate high-energy with some of these customers. So I would say in 2009 we've got a great chance to penetrate some large customers and also even more as time goes on but I think this year and next year is the timeframe where we will see that transition.
C.J. Muse - Barclays Capital
Okay and then last question for me on the PLAD side of things considering to-date that is really a DRAM application, are you still saying new orders there and I guess how should we think about that business for calendar ?09 relative to calendar ?08?
Robert Halliday
Yes we are seeing -- we will try and get some new orders. We have I guess one eval tool out there -- we are optimistic that. So I think we will get new orders but I think it'll be under the ’08 numbers in 09 just because DRAM is so soft this year.
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