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Technology Stocks : Cohu, Inc. (COHU)
COHU 27.74-0.4%11:49 AM EST

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To: Joan L.H. who wrote (31)8/3/1996 10:19:00 PM
From: Richard Wolowski   of 7827
 
Hi Joan
I am very familiar with their low light surveillance cameras. In the
security field they are considered as good as the best available.
Unfortunately, the camera part of their manufacturing is very small
compared to their manufacture of semiconductor test equipment.
With regards to their recent rise, it is regretfully based upon very
low volume which only reinforces their identity problem. In my
opinion their debt freee condition, while admirable, is another
indicator of the highly conservative nature of this company. While
earning great sums of money and sporting a super low PE ration,
their CEO still makes skeptical statements to the press. Not the
way to promote a company that is doing so well.
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