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Technology Stocks : Cohu, Inc. (COHU)
COHU 24.99-0.5%2:18 PM EST
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To: Chris Nevil who wrote (1144)1/29/1999 7:35:00 PM
From: Henry D  Read Replies (1) of 7827
 
Chris,

if the semi equip industry has a "correction" COHU will drop along with the industry (that's the funny thing about this business, everythings pulled down or up with industry conditions). the only argument against this is that in early 1998, Barrons had a good article about COHU not having much exposure to SE Asia. at that point COHU rocketed up, breaking from the downtrodden pack.
But being a "boring" stock, i would bet COHU would continue to mirror the industry. Since it has not risen as much as some others, a correction shouldnt hurt it as much. just my opinion. I might sell my recent COHU shares mid to late FEB and then rebuy in March.
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