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

To: Nutty Buddy who wrote (2930)	5/20/2002 8:24:05 AM
From: robert b furman	Respond to of 7827

Hi Buddy, Hey - what did you expect when a big gun like you pulls their money out??gg I see Novellus has a little "DIP theria as well". I think the key for this entire sector is a bottoming out phase followed by a run up to new highs.I have no doubt the past high will be pierced and act as support - where they once were resistance. G's chart really shows it well.Once Backlogs begin their ascent-the Billings shall soon follow.This should reflect in some nice earnings estimates being "SUBSTANTIALLY BEATEN" in Q2 earnings reports.This will occur to at least those leaders who have proven their R&D dollars were well spent.I suspect that fewer equipment companies will be included in this "Leaders category" this cycle vs last cycle. I'm also expecting the earnings robustness to be questioned quite strongly during the upcoming pre-announcement period ( current to July 10th - a wednesday). This is micromanaging a portfolio to a large degree.The next moves will be very healthy and should not missed.I'm just trying to get cute by scaling off and reducing margin with the hope of catching a dip.If I can buy more stock with the same amount of money - I'll be happy. Note to self - this almost always never works.Determine your re-entry strategy and stick to it. I usually miss the bus waiting for a bigger discount. So here it goes: Buy 1/4 @ 200 day moving average @ 21.50 Buy 1/4 @ 20.50 Buy 1/4 19.50 buy 1/4 18.50 or 19.50 if a quick reversal occurs. So there it is - now all I need is my fantasy to come true.gg Bob