Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.75

+0.8%

3:59 PM EST

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To: robert b furman who wrote (1911)	5/16/2000 6:21:00 AM
From: robert b furman	Read Replies (1) of 7827

AAAAAALLLLLLLL AAAABBBOOOOOOOOOAAARRRDDDD !!!!!!!! I take it all back - We've just bottomed and it is off to the races.I've been expecting a big volume confirmation and instead there is a stealth rally rolling up within the nazdaq.Stealth because the internets are covering it up. Cohu's strength is just beginning to show.A divergence between price and several indicators shows underlying accumulation and the best part is - IT'S STILL CHEAP !!! Cohu has just put in a bottom of what will (in time) appear to be a cup and handle.JMHO This is a riskier buy 'but in my way of trading warranted because the price is low.There is seldom any better feeling than having a nice 10 point cushion to wait out a handle being formed just before a breakout. For an example of what I think Cohu is forming look at : TFS or SUPX or still working on the right side of the cup ELNT. The bargain price won't be there long 'as this week's two price spikes show somebody was buying and it doesn't take too much to overide the "sell the rally "mentality of the few weak holders still out there. Cohu has gone from weak to strong over the last 1 1/2 months. Remember where you heard it first. HEHEHEHEHE Bob

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