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

To: Mr. Sunshine who wrote (2827)	4/16/2002 5:59:59 PM
From: robert b furman	Respond to of 7827

Hi Steve, I'm not sure.Most stock splits were announced around 33-35ish and by the time it was effective the stock had hit 40 and the 2 for 1 was 18.5 - 20 upon the split. I'm running on memory - but that's not far off. Management has all the reasons in the world to create liquidity in the stock.Managers selling off blocks of stock in an illiquid stock hurt themselves.Timing is everything and these guys have sons going to college and daughters getting married too. They'd like the stock not to get killed when events require getting some personal cash.After all they all have windows in which to sell their stock - sort of like quiet periods. I'd be very surprised to see them wait till 60 gets near.If/when earnings are good and the price bangs on 35 - 40 ish AND they perceive earnings to be Solid and Reliable - I'd expect it to be in everyones best interest. If they do announce a 2 for 1 split - buy the news - it is as close to a sure thing this goofy game offers.I am very sincere about that.In the midst of being stretched to the max (while on vacation ) I learned of the 2 for 1 announcement.I immediately maxed out my purchasing power - went on an out of touch vacation, and won aces straights and flushes. It is a sure sign that management (this conservative) is comfortable about future earnings. They will not do the 2 for 1 split if they thought it would compromise the price range of the stock. Huge in this is Amat clue that they see the market turning - thusly their 2 for 1 spli. Just an opinion - but I will jump on it and round out my position for the rest of the ride if and when it ocurrs. Bob