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

To: robert b furman who wrote (1911)	5/15/2000 8:49:00 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 7827

Bob: Thanks for the info on COHU. A test equipment maker I follow LTX Corp has seen significant weekness in the last two weeks and they report later this week. Situation seems similar to COHU (strong revenue & earnings growth out of the cycle with new products being accepted well in the market place & conservative financial reporting). From stock action they may be implementing the sec standard also. One difference LTXX has a momentum run up higher than current or forward earnings would warrant (typical in the mania market) while COHU multiple right now is compelling. I'd look for LTXX in low 20's / high teens on a sell off. On the semi's as a whole I'd expect June to be a good investing month with July being a historical good stock appreciaiton month (but if the SEC standard is forced on companies then it can be bad even for companies that adopted early).

To: robert b furman who wrote (1911)	5/16/2000 6:21:00 AM
From: robert b furman	Read Replies (1) \| Respond to of 7827

AAAAAALLLLLLLL AAAABBBOOOOOOOOOAAARRRDDDD !!!!!!!! I take it all back - We've just bottomed and it is off to the races.I've been expecting a big volume confirmation and instead there is a stealth rally rolling up within the nazdaq.Stealth because the internets are covering it up. Cohu's strength is just beginning to show.A divergence between price and several indicators shows underlying accumulation and the best part is - IT'S STILL CHEAP !!! Cohu has just put in a bottom of what will (in time) appear to be a cup and handle.JMHO This is a riskier buy 'but in my way of trading warranted because the price is low.There is seldom any better feeling than having a nice 10 point cushion to wait out a handle being formed just before a breakout. For an example of what I think Cohu is forming look at : TFS or SUPX or still working on the right side of the cup ELNT. The bargain price won't be there long 'as this week's two price spikes show somebody was buying and it doesn't take too much to overide the "sell the rally "mentality of the few weak holders still out there. Cohu has gone from weak to strong over the last 1 1/2 months. Remember where you heard it first. HEHEHEHEHE Bob