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

To: robert b furman who wrote (2955)	5/30/2002 8:20:39 AM
From: robert b furman	Read Replies (1) \| Respond to of 7827

TO ALL : Today and/or tomorrow are significant days. Yesterday Cohu dipped momentarily below a long term trend line that connects the 13.05 low of 9/21 and the 18.06 low of 1/23. Today and tomorrow mark similar levels of oversold conditions.Tsv levels are also negative in an extreme mode. This is a great set up for additional shares.Hopefully the market will give us some fast price swings (dips). It must be pointed out that this could also mark a turning point where the stock goes down and washes out - a retest of 18 or at worst 13. That scenario however possible just doesn't seem to fit the "turn in Cohu's business". The past two previous dips were marked with the Fear of "no recovery in sight - a recovery was questioned" - that "will it ever recover" or "It will never get better" is a washout experience. Todays market is not that of "if" or "when" it is more of "how fast or robust". This is a very different emotion and does NOT extract the fear/selling shakeout of past dips. I'm calling this an "ADD TO" event. I'm hoping for a dip to the 200 moving average which interestingly enough dropped today from yetserdays 21.65084 to 21.64909. This gives the saber rattling of India and Pakistan the potential of a 2 point drop from yesterday's close. So hey - we've got a sale going on here and it's time to "invest some mad money at higher than washout prices "- because the fear of this sector is out. We're on the mend with profits not losses and you have to pay a little more for great assets in that scenario. Don't bet the farm but it's time to spend a little to make more tomorrow. JMHO Bob Day 30 anything below 23.12 is "on sale" vis a vis 96 cycle dip anything below 22.55 is like a comparative 99 dip relative 200 dma anything below 21.65 - load the truck up and smile we're taking the Cohu train to 100 % er.