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Technology Stocks : Cohu, Inc. (COHU)
COHU 28.10+0.9%3:59 PM EST

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To: Nutty Buddy who wrote (2792)4/7/2002 12:32:32 AM
From: robert b furman  Read Replies (2) of 7827
 
Hi NB,

Flaming Bull flashing a reversal ??

Green reversed and yellow leading the way.

It is time to get it on.Israel/Palestine terrorism has been a big negative.I can't believe we've not retested September 01 lows.

Definitely indication of latent strength building below the horizon.JMHO

When peace and earnings surprises occur in the next 3-4 weeks it will be a powerful reversal that will be fueled by the record level of shorts all running to the door.

Hi fuel prices assures historic low rates remain pumping the medicine and lags will assure 9-12 months of continued growth.

Very hard scenario for more nimble shorts and hedges to endure.

Market has turned and is now oversold - most just don't know it - YET !!! hehehe

Thanks for your disciplined assistance to this great thread.

Any weakness on monday to 27.25 is the perfect "Buy On The Dip".

Cohu has a backlog that supports annual sales of 160 -200 million in sales and their personnel count has been reduced by 50%.

I smell a slight improvement in sales with a greater increase in margins and a growing backlog.

Next step - another 2 for 1 stock split in 2ndH of 02.

BWDIK

Bob
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