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Strategies & Market Trends : Lizard King's Trading Swamp
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To: LzzrdKing who wrote (4118)1/26/1998 11:56:00 AM
From: Andrew M Brown  Read Replies (1) of 7396
 
I would have to disagree about the short play on COHU at this time. The company is scheduled to report earnings in mid February. Likely they will capitalize on the Barron's listing by moving the earnings report up (perhaps this week). In addition, the company has shown an aversion to a pricy stock. Look for a split as well. I think it would be dangerous to short with a PE of expected future earnings of 11! Your first impression may have been the best. Go long on COHU.
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