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


To: Gottfried who wrote (3135)7/21/2002 11:16:35 AM
From: robert b furman  Read Replies (1) | Respond to of 7832
 
Hi G,

Thanks for the update.

The negative news noise is so overwhelming that the facts just don't want to surface.

We are in a recovery from the lightest recession ever created ( Fed engineering).What is now developing is exactly what was desired - but the the news is so focussed on the negative.

This has to be the last of a vicious bottoming out process.

It is great to have the benefit of your charts which clearly ignore the false news focus and point out the beginning of a new cycle.

It seems every 2-3 years,one just has to have faith in the long term trend of more chips being utilized everywhere.

We are in a wonderful time to buy value in an industry sector that continues to recreate itself and the demand for its products.

We must maximize our purchase of stock in these troughs and we will be glad we held onto our faith,nerve,and beliefs as the speculators later bid up our then popular stocks.

Last friday(early in a.m.) had what looked like a good block (institutional support?) at 16.25.

As always thanks for your excellent charts.