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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.55-0.8%9:30 AM EST

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To: robert b furman who wrote (6361)6/26/2017 11:11:23 AM
From: EACarl  Read Replies (1) of 7827
 
Hi Bob, it's the same old story we've seen for 20+ years in this sector.
Yes, I agree ~$1.80+ per share is possible/likely for COHU.
No doubts about the July report being very good.
BUT.......once "the market" can even sense the peak of the fundamental cycle 6-12 months away, the stocks are DONE. Certainly looks like that's the case now.
$21 was the peak, what will the low be?
Depends on how bad the next down-cycle is. $13, $10, $7?
Only time will tell....
Can't believe I've already given back $5 per share since the high.
Shame on me!
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