Victor,
I thought you might also like to send your analysis to the Board members of Cohu. The following are the addresses of their Board members which was published in a 10K or proxy statement a few years ago. They have a new member which I do not have an address on but they should also be informed of the types of information you have accumulated on Cohu. Ultimately, they should be accountable to ensuring that Cohu's stock price trades in a reasonable range consistent with its peer group. It certainly is not if you consider Cohu peers to include TER. Cohu will/and has had significantly higher earnings than TER and is trading for half the price (on a split adjusted basis). The Board should in turn hold senior management accountable for getting that message out. The members are:
James W. Barnes
5755 Kearny Villa Road
San Diego, Ca. 92123-1170
Charles Schwan
5755 Kearny Villa Road
San Diego, Ca 92123-1170
Frank W. Davis
939 Coast Blvd.
La Jolla, Ca 92037-4128
Harry L. Casari
1963 Hacienda Circle
El Cajon, Ca 92929-1024
Gene E. Leary
1657 Calle de Cinco
La Jolla, Ca. 92037-7114
In addition, there is one very large individual shareholder that should be voicing his concerns to the Board and that is (he has 7.35% or 719,819 of the outstanding shares... if Cohu was trading near the price of TER that would be worth an additional $35 per share or roughly $25 million to him!!!I believe he should be voicing his opinion on the matter):
Nicholas J.Cedrone
One Monarch Drive
Littleton, Ma 01460
Finally, as of the last Proxy statement there is one large fund that has 668,200 of the outstanding shares of Cohu or 6.82%. They should be vocal also and they are:
Franklin Advisory Services, Inc.
One Parker Plaza, 16th Floor
Fort Lee, NJ 07024
Please keep us posted if you pass along your research to these folks and it would be interesting to hear the feedback you receive.
Good luck! |
