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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?

To: Henry D who wrote (1467)	9/19/1999 3:50:00 AM
From: Victor	Read Replies (1) \| Respond to of 7826

PL. explain what is meant by 'b2b'. It looks like institutions have resumed buying COHU as you can see several block trades executed on Friday Sept. 17 and before.The Fundamental of COHU looks strong (see message # 1428) and semiconductor equip. maufacturing sector is at the beginning of the next 2 to 3 years boom (see message # 1442)period of the cycle. Big money (Inst.) has started flowing into this sector. So even if general market goes down due to big selling in other sectors of the market, all the more good because additional money generated due to such selling could find its way into the booming semi. equip. sector. Where else could one put cash to work for good returns these days? Have you observed how Applied Matl., KLA Tencor, Teradyne, Novellus stocks moved up sharply higher recently on days when most of the stocks in other sectors went down! And now COHU. Moreover most of these companies including COHU have 0(zero) Debt and tons of cash. Hence even if majority of the other stocks goes down due to any rise in interest rate, the rise in interest rate would not affect the earnings of these companies as they have no debt to pay. Companies like COHU could have stellar performance(accelerating EPS associated with accelerating Revs.) in the next 2 to 3 years of the booming business cycle. COHU is mentioned in Monday's edition of Investor Bzness Daily in 4 places (3 times on page no. B10 & 1 time with chart in NASDAQ Stocks in the News) due to compelling and strong technical reasons. The reason for high volume will be confirmed in the fundamentals by them when next earnings will be known and thereafter as long as they see Quarterly Revs. and Earnings accelerating. In other words this news could be a beginning of many more to come. In any case COHU has been spotted breaking out of William O'Neils( IBD owner)favourite bullish Cup and Handle chart pattern on heavy volume.

To: Henry D who wrote (1467)	9/19/1999 11:40:00 AM
From: Henry D	Read Replies (1) \| Respond to of 7826

Mondays IBD front page has an article about stocks performance among conservative dividend stock vs aggressive nondividend stocks. the dividend stocks lagged. this reminds me of COHU (relative to other semis). semi equip are no. 16 in industry rankings, up front 195 last year. i wonder how much longer to reach no. 1 then do we go back to 195 again???? to repeat the cycle??? even with fridays big heavy jump, short term we are still oversold like i stated last Thursday. but the b2b looms...

To: Henry D who wrote (1467)	9/19/1999 1:25:00 PM
From: KLINVESTOR	Read Replies (1) \| Respond to of 7826

HenryD, Good to hear that Cohu was mentioned several times in IBD. I agree there are a lot of things to be concerned about including October being a nervous month and the cycle issues. It was a couple of years ago when October started the big swing down but I think there are a lot of different factors today. Back then there was the expectation of continued demand growth for semis driving fab expansion. Today there is a lot of demand and prices jumping with few fabs on the drawing board. Most activity seems to be upgrades of equipment and filling out of existing fabs. I think this cycle has a long time to run and most importantly for Cohu is that the large caps have lead the rally and the small caps in the sector usually come up in the next wave. We could see significant upside from here and earnings significantly higher than even two years ago. Good luck!