Cohu, Inc. (COHU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cohu, Inc. (COHU)

COHU 23.54

-0.9%

12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (2618)	1/22/2002 10:41:54 PM
From: robert b furman	Read Replies (2) of 7827

Hi Brian, Well my vote goes for a retest of September's lows as worst case scenario. That means high 13's to the 15's.Intel was weak today on good earnings and poor future vision. Nvls is below all moving averages beat their earnings by a penny ,but had layoffs ealier this month - we'll see what the conference call said tomorrow as it opens. Amat dropped below its 40/50 day moving averages and is now in a failed rally mode as well. The generals look weak and I think we get retests to October lows in at least the communication and semi equipment sectors. This will be a gift to rebuy them this late in the recovery and at the lows. If this failed rally dips below 1800 on the NAZ - it may well give us one more outstanding opportunity to buy the new lows and get us a double bagger within twelve monthe from the buy zone. I'm hoping to snag some Amat,Nvls and Intc.I'll buy some more Cohu if it sneaks down in the 13-14 range.Other than that I want to stay where there is some greater liquidity. This set up is really beginning to remind me of Oct 98' failed rally.Could actually set new lows marginally. Guess I'll watch for 1800 and see how Intc ,Amat lead or fail.If they fail - I'll spend my last dry powder with a vix spike and Put/Call ratio over 1.00. Hate to say it, but we may be in for some more DEAL TIME. Bob Book to bill doesn't mean much until we see backlogs grow - smaller denominator and smaller numerator can yield a false rising BtoB ratio as the bottom extends and manufacturers stretch out low production maintenance mode.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next