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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (3744)	10/25/2002 9:02:04 AM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Al, At the risk of appearing to Spam. Take note that Cohu - the worlds leader in test handlers announced missed earnings and a poor quarter coming Q4 after hours before yesterday. The net result was the first day of Positive accumulation - Balance of Power (TC 2000) showed it to be the first day of planned accumulation since May of 02. Trading volume exceeded 1 million shares - fully 5 % of outstanding. Somebody with more money than me drove the stock to close up on bad news - very similar to KLAC price action the day before. I think this type of trading action is most significant and signals a strong reversal of price won't be too far off into the future as stock accumulation is assuredly occurring - as stealthfully as the big boys can do it. JMHO Bob The time for our favorite sector is approaching once again. But then it is supposed to at near book value.gg