Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 21.45

+0.2%

9:34 AM EST

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To: Berk who wrote (3075)	6/26/2002 12:26:32 PM
From: robert b furman	Read Replies (1) of 7826

Hi Dick, I'm thinking so. This market is so pummeled with bad news and so oversold - I'm thinking we are seeing a replay of March 97 and April 99. A spike down friday a cople of days up and 3-4 drifting down. Accumulation now will require paying over the 16.25.Trying to catch the low range of the day is the best target.We should have one more nice higher volume day (soak up the float and then we slowly but steadily begin climbing out of this dip. If the largest bankruptcy scam in the markets history won't trigger more capitulation - this market is just sold out and bottom feeding accumulators are absorbing the discount. Soon the turn will begin to dawn on the shorts and that covering in combination with the bouyancy of selling just drying up will give an upward bias. I think. Bob

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