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Technology Stocks : Cohu, Inc. (COHU)
COHU 25.08+3.6%Dec 3 3:59 PM EST
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To: Eric Lee Smith who wrote (1164)1/31/1999 1:24:00 AM
From: Henry D  Read Replies (1) of 7827
 
Eric,

i agree with your buy and sell points...in my opinion, i think COHU can reach 50 to 75 the within the next 12 to 18 months if there is no global recession, interest rate hikes, currency devaluations, etc. I based this on my AMATEUR technical analysis (I use Telescan Stochiastics mainly). i expect some correction/consolidation in COHU price late FEB/early Mar IF the nasdaq holds up for the next few weeks. BUT the AD line looks weak.

As for your EPS for 2003, I think thats too far to guess especially with the highly cyclical nature of this business (who would have guessed COHU reported loss vs 90 cent profit yr ago??? not me)

for shorter term, TA, i also use Clearstation, it's free but not updated live. I used Telescan and Clearstation to help me decide to increase my COHU position recently...glad it worked.

this is a strange thread...no BEARS here!!! we need one for a full perspective.

luck to all
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