Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 139.60

-6.2%

Nov 20 3:59 PM EST

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To: Sam Citron who wrote (8833)	10/20/2000 12:25:34 AM
From: Ross	Read Replies (1) of 10921

Also disappointing - Cohu, the largest US test handler co., reported the second quarter in a row of decreasing orders. In the past few years (all I have data on), this has definitely meant we were into a major downturn. They seem to be proposing an alternative explanation. I'd like it to be true, but it would be contrary to the recent past. Any opinions? Thanks. Ross "James A. Donahue, President and Chief Executive Officer, stated, ``While we are disappointed with the decline in orders in the third quarter, we are encouraged by the order strength of certain front-end semiconductor equipment companies, as back-end orders often lag the front-end. In addition, industry forecasts show growing demand for IC test handlers over the next several years. Our strong market position, broad product portfolio and product development initiatives will benefit the Company as IC handler orders strengthen. "

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