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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: Gottfried who wrote (1420)9/12/1999 10:56:00 PM
From: Jerome  Read Replies (1) of 7825
 
COHU--- lagging share price vs other factors..
It has been stated by other posters that COHU
lagged others in the group because it lacked
liquidity (in terms of the number of shares).
Following is a list of others in the semi-group
and the number of shares available for trading.

COHU.... 9.99 million shares
KLIC.... 23.47
CYMI.... 27.99
ETEC.... 21.41
MTSN.... 15.83
ASYT.... 12.79
LTXX.... 35.77
PHTN.... 7.74
EGLS.... 19.80

One theory would be that as liquidity increases
so will the share price (provided that there is
no bad news eg. CPQ).Perhaps COHU should have
split 3 for 1 to bring it in line with others
in this area in terms of number of shares
available.

Another factor to consider is the number of shares
owned by institutions. If this figure were
subtracted from the number of shares available
for trading we would have a different picture
of the stock, relative to others in the group.

Comments welcome,

Jerome
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