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


To: Mani1 who wrote (1512)10/15/1999 6:18:00 AM
From: w0z  Read Replies (1) | Respond to of 7826
 
Actually their gross margin was OK after I looked more closely, but the net profit margin was well below what I expected because of the unusually large SG&A expense. KLINVESTOR hit the nail on the head regarding that...hopefully it is a one time event...otherwise there is no good excuse for growing SG&A 100% when revenue only grew 80% (versus Q398). Maybe someone with closer contacts at COHU can ask what is going on with SG&A.