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Technology Stocks : Cohu, Inc. (COHU)
COHU 29.02+1.2%3:57 PM EST

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To: robert b furman who wrote (971)10/9/1998 1:31:00 AM
From: Henry D  Read Replies (1) of 7838
 
Bob,

what brothers me is the heavy volume we had in COHU today...got a bad feeling you were right about not buying...probably more good deals to come over the next few weeks/months. Even if the book to bill improves this bear market wont let it reflect long in price. Look at all those high relative strength stocks getting pummeled lately.

My paper loss in COHU is HUGE. been thinking about writing short term covered calls to get some income while i wait for the things to clear. I still owe my shares i accumulated from 1995 thru 1997!! OUCH! been buying in the teens now to reduce my average cost.

Next time we see 50-60 I will sell my COHU...each and every single share i own!!!

keep your powder dry, Bob, this bear market is cruel.

i will consider also putting my cash reserve into Rydex Ursa too, maybe some puts too..

LUCK to all
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