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

To: Henry D who wrote (1920)	5/16/2000 3:25:00 PM
From: robert b furman	Respond to of 7827

Hi Henry I look at the left 1/2 of a cup being formed, starting at 62 and going to 30 +.This left half has taken 7-8 weeks X's 2 = 14-16 weeks plus 1-2 weeks for a handle.That adds up to just about Q 2 earnings announcement time. I may well be wrong, and this is definitely reading tea leaves. Generally I think the longer the set up for a cup and handle the more powerful the formation has technically. siliconinvestor.com JMHO Bob

To: Henry D who wrote (1920)	5/16/2000 4:01:00 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 7827

Hi Bob: Well the last cup & handle I was in was ifmx and then they reported high DSO's. With COHU PnF chart (which looks good) we are right at the Bearish Resistance Line around 40 to 41 which also corresponds to the 50 day ema. If we break this we should move quickly to the next resistance which is either $48 (what looks like a failed break out point) or $54 which was support in Feb / March (this is the more probable resistance). We have support @ $34 and a break would be a triple bottom and not good. Tim