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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.79-1.1%Oct 31 9:30 AM EST

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To: robert b furman who wrote (7663)2/25/2024 10:08:36 PM
From: bearshark   of 7822
 
Well, there are at least 3 of us now. On 2/21, it got down to $30.92 and I was getting ready. If we have a correction, I think we will make it into the $20s. We were on the way last week but there was some type of pump (might have been some chips act awards) which increased the price and it is now moving back down. But we have 2 awful quarters of revenues of $100 million to drag us down into buying territory.

I think you mentioned about 18 months before the share price starts moving up. I agree.

COHU may be an acquisition candidate too. The shoppers are out there for assets, JNPR, Macy's etc. Macy's was selling for $10 to $12 a share with dividends. I hate Macy's-the store but I couldn't resist it at that price. They got an offer at $21 and turned it down. Another potential buyer appeared and the first offeror said it will raise its price. I'm just waiting for that to end so I can move on.
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