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Technology Stocks : Cohu, Inc. (COHU)
COHU 24.04+1.7%Nov 26 3:59 PM EST

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To: geoffrey Wren who wrote (1547)10/20/1999 12:25:00 AM
From: Henry D  Read Replies (2) of 7827
 
Geoffrey,

i read somewhere that testing for Rambus is too expensive, maybe this might delay equipment to test and handle it. MU's downgrade doesnt help either. also, the SOXX index has peaked in its traditional October odd number years. check out COHU in Oct 95 and 97 and now 99, all peaks or near peaks followed by big dips despite reporting good numbers.

COHU is a trading stocks in my opinion (unless you are a long, long term investor). it trades on technicals not fundamental otherwise it would have a great PE.

COHU is a great company but i expect more downside for COHU then a uptrend til late January followed by another severe downward beating.

when COHU trades at ridiculous single digit PEs again (probably October 2000), i will load up on this gem. just my opinion.

i will try to provide some links for COHU and SOXX graph, showing their cyclical seasonal patterns.

luck to all
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