Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.73

+1.1%

Dec 30 3:59 PM EST

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To: Lonnie who wrote (2508)	12/6/2001 8:56:15 AM
From: robert b furman	Read Replies (1) of 7827

Hi Buddy, Thanks for the neat link. No doubt about it - that kind of volume is institutional.I was watching time and sales yesterday: 10,000 share block went thru at 21.36 then 2 minutes later another 10,000 share block went thru @ 21.41. I don't know about you but I don't buy in 10,000 share block - at least not 2 of them in 5 minutes.gggg This is building a very exciting right side of a w bottom.Next thing to look for is the waning of volume and some quiet downward tailing. It will be during this downward tail (on light volume)that I'm going to nibble on some more stock.This will hopefully be the last cheap stock to buy. Next will be a high volume breakout that pops up over the pivot point - I 've got that figured to be 23.65 - 23.67.If we pop over that on big volume - I'm leveraging up on the breakout and holding on for the ride. Then comes the tough part - I guess Cohu will trade sideways for several months - waiting for backlogs to build.Then will come a scary dip down to it's 40 day moving average (for a test) and then we should get a nice 100-150 % fast run up. We'll look for distribution and fast price movement to bail.The sad part here is a tender offer might really be a swan song and I'd miss the final "turning in" of this great stock into a blue chip name. Hey a guy's got to have a dream !!heheh Thanks again for the input - it confirms institutional positions coming in - THAT'S DEFINATELY GOOD !!! Bob We've got a TIGER by the TAIL AGAIN !!! YYYEEEEEEHHHAAAWWW Sorry Lonnie I dumped on your post to buddy - got to go run!

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