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

To: Berk who wrote (2983)	6/6/2002 8:41:44 AM
From: robert b furman	Read Replies (2) \| Respond to of 7827

HI Dick, Yup we're oversold here. Jobless claim take a huge drop - might be a good catalyst. Day 35 today. Yesterday surprised me with that wimpy close.Sold off right at the last moment.The bid ask was 21.30ish last I looked.Baffled me to see the 20.89 print. Hard to read the overall action on very light trade. An inside day - higher low and lower high on light volume. A dark candle on an inside day - there was a seller there.Buyers were lowballing the stock all day with spurts of bidding when price got cheap. Really great value - I bought my anticipated commitment of Cohu and added some Amat and Ltxx - better liquidity. Still don't really know if we dip below 20.50 and visit the teens.Yesterday's light volume with nibbling occuring above the previous days low suggests not. 200 day ma = 21.71 again 21.70 if you round off. Manufacturing is up and that spells more chips. The recovery continues and Cohu is definitely at the right price. Bob