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Technology Stocks : Cohu, Inc. (COHU)
COHU 21.89+2.0%3:45 PM EST

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To: Berk who wrote (3081)6/26/2002 6:38:43 PM
From: robert b furman  Read Replies (2) of 7826
 
Yup,

In the big picture this stock has very strong institutional sponsorship.

Last Friday really proved that to me.At the maximum weakness and on BIG volume an unknown scooped up all they could in After Hours on a friday.

That's brilliantly clever and assures me that this stock isn't going much lower.Us little guys are going to worry about buying a couple thousand extra - and average down as best we can.

In the big picture we're more nervous than we should be and riding on the coattails of large money .Money that in my opinion spoke very loudly last friday.

That's a very good thing and we should be comforted that big brother will step in on weakness.

Stocks that resist a general market selloff - are the leaders of the next leg up.

I believe we'll have that leg up soon.

Bob
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