When I first started digging into ams AG (AMSSY) (AMS.S) years ago, I never expected this would be such a volatile and bizarre company. The core technology drivers are still very much there - ams is a leading player in 3D sensing and other sensing and optics technology that is seeing increasing adoption in smartphones, and there are still attractive long-term opportunities in other sensing technologies and markets like auto and industrial automation. At the same time, though, business has proven very volatile on unpredictable OEM adoption curves and management's aggressive pursuit of