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Technology Stocks : Cohu, Inc. (COHU)
COHU 22.13+3.5%Nov 21 9:30 AM EST

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To: Henry D who wrote (1357)8/20/1999 1:45:00 AM
From: KLINVESTOR  Read Replies (1) of 7826
 
Cohu stock split wow! Normally I am one that considers a stock split to be meaningless since it does nothing to increase the value of the company. In this case though I think the Cohu stock split does have some important implications. First and foremost it demonstrates the company is finally trying to do something about its undervaluation in the markets. The split should draw some attention to Cohu and it should also get the liquidity of the stock up which is a real problem for Cohu. (We will also be able to track performance against Teradyne since it has just split also)

It also demonstrates that the company is confident in its future which for a semi-equip stock is an important statement.

I am hopeful that this is a sign that management is trying to come up with ways to increase investor attention in Cohu which is grossly undervalued versus other semi-equip stocks. They should also go after additional analyst coverage. They have dropped the ball on the coverage issue and the CEO and CFO need to take that issue seriously.

Lets hope for a favorable response to the split! Good luck.
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