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Technology Stocks : Cohu, Inc. (COHU)
COHU 22.11-1.3%Nov 14 9:30 AM EST

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To: Henry D who wrote (1320)7/16/1999 7:11:00 AM
From: w0z  Read Replies (1) of 7825
 
one concern: new orders 62 mil, but backlog is 56 mil. I am concerned about new orders topping off.

Henry, I don't understand. Q2 orders were 62.3M versus 38.9M for Q1. That is 60% per quarter or >250%/year on an annualized run rate basis! That's not topping off in my book.

Backlog only indicates the difference between orders and shipments and can be calculated as follows:

Prior Q1 Backlog: 37.5M
Plus Q2 Orders: +62.3M
Less Q2 Shipments: -43.5M
Equals Q2 Backlog: 56.3M
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