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Technology Stocks : Semi Equipment Analysis

SOXX 288.52

-0.3%

Nov 14 4:00 PM EST

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To: robert b furman who wrote (47594)	4/26/2010 10:33:12 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95420

Needham & Company Maintains a 'Buy' on Cohu, Inc. (COHU); Revenue Upside & Strong Order Momentum April 22, 2010 7:46 AM EDT Needham & Company maintains a 'Buy' on Cohu, Inc. (Nasdaq: COHU), raises price target from $16 to $20. Needham analyst says, "...This marks the second highest quarterly order level in Cohu's history and Rasco marked its record all time highest order level in Q1. Revenue guidance for Q2 was approximately $75M, or 16% growth Q/Q which is materially above our prior (and consensus) expectation of $61M. Q2 GM is expected to be flat to slightly up Q/Q which is below our prior forecast but is mostly offset by the revenue gains." streetinsider.com

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