Baba, thanks for helping me finally understand how terminology is used in the semiconductor industry.
I finally get it "The next 16 quarters will be telling" = "soon"
OK, just a little humour.
I'm glad there was a CEO letter, pretty much what I expected as for content. I don't think we now know much more, so hopefully some positive news releases over the next while, something to turn this around.
To try to stay positive, I do think this was well written. Perhaps they are now working with IR on these types of things. I hope they continue to seek (AND LISTEN) to IR's (and others) advice wrt "the market".
Good luck!!