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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.49-0.3%Dec 26 9:30 AM EST

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To: Artslaw who wrote (2579)1/3/2002 6:27:46 PM
From: robert b furman  Read Replies (1) of 7827
 
Hi Steven,

Thanks for the heads up - I hadn't seen it till your post.

The CCTV section has always been a sleeper.Once on a tour I saw how they assemble them - it is all automatic.The circuit boards are built by robots and then tested and adjusted by Humans.

The CCTV that Cohu makes define the top of the line products.They're considered the best in the industry.Very typical of Cohu.

I hate to see John Allen go - he was always a straight shooter and competent.Matbe I'll send in my Resume.gggg

Sure was nice to see the strong price action. Good volume with driving demand and A very strong combination.

We have now worked up to within 90 % of the past high of the W ( 07/06/01 cohu hit 23.55) .9x23.55= 21.20.I'd like to see it work it's way up to 23ish and then take a nice downward sloping handle right back down to this 21 - 21.50 level.This will be the next best opportunity to catch Cohu prior to its breakout(must pop up over 23.67 on big volume).

From then on its buy the dip baby - I'll be much less aggressive as it gets into these higher price levels.I alway dabble on dips but not in the numbers I've done in these lower price ranges.

That cup and handle formation can take many weeks to complete- the longer the stronger.I think it will fit just about right into this tech turnaround.

Today has given me a much more confident feeling about tech.It could be a false start but at least its hinting that the power lives.gggg

Bob
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