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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.52+0.9%Dec 19 9:30 AM EST

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To: Artslaw who wrote (2005)7/7/2000 8:19:59 AM
From: Philip W. Dunton, Jr  Read Replies (1) of 7827
 
COHU looks really cheap here if the semi cycle is still intact. I noticed that the "Prudent Speculator" (advisory service by Al Frank)has just recommended re-entering at these levels after taking partial profits in the mid-40s. Big Al has a real nose for value and was buying a package of the semi equip stocks at the very bottom of the cycle in 1998. Anyway, the only thing that bothers me is the chart. (I like to combine fundamentals with a bit of t/a.) The chart pattern is extremely bearish, and despite the cheap price and the long downtrend, there has been no attempt to base. Having said that, I know that this group can turn on a dime and I'd like to be in when COHU recovers. I assume that COHU will be presenting at Semicon West next week. Good luck to all on this thread. Phil
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