Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.17

+0.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (53185)	9/23/2020 4:03:31 PM
From: robert b furman	Read Replies (1) of 69680

Hi Johnny, I own two: Brooks and Cohu. My average from long time ago accumulation on Cohu is mid 14's - not far from that now after topping at 27 in August of 2018. Brks I've also owned for years and have an entry at 10.09, so I've wanted more as their life sciences have done very well, but am spoiled with a low price. Cohu has been punished with their acquisition of Excerra. Excerra had been sold to a Chinese private equity hedge fund (more than likely funded by the CNP/military. It was not approved by the CIFIUS committee and that opened the door for Cohu to buy a bigger company than they were, with more cash and higher margins. It has been two years for them to rightsize the operation. Write downs on discontinued operations, severance and reorganiztion expenses have hurt profitability since. It appears they have done thier work now and have recently guided to higher earnings and revenue. As 5G ramps they will benefit with both the infrastructure build out particularly with the RF chips in the 5G handsets. 2021 will be a multibagger for Cohu and it is in a fairly priced valuation now IMO. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next