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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (48461)	7/6/2010 11:29:17 AM
From: Kirk ©	1 Recommendation Respond to of 95596

A lot of unemployed SMART people here in the Silicon Valley are learning to write applications for iPhone and now Android smart phones... Big article in newspaper this weekend about how some learn and write an application than a company that likes that application hires them to do a similar application for them. Those that hit it big writing profitable applications can hire others to help them and they suddenly become a software company with little investment. The Google applications are mostly free and make money with advertising. What I like about this is there are several VERY STRONG players who will go to war with new features that applications users want... Even better is the devices are history if you forget they are in your back pocket... What amazes me is people like Cramer are still recommending T and VZ for their dividends... They don't seem to grasp that there will be no need for carriers if free wifi everywhere becomes a reality.... Google has free WiFi in Mtn View... and the iPhone4 is supposed to only do video chat via WiFi... be it at your home, office or coffee shop....

To: robert b furman who wrote (48461)	7/21/2010 5:12:35 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) \| Respond to of 95596

Bob, It looks like COHU has hit a "home run". Congratulations. <<Cohu Reports Second Quarter 2010 Operating Results 4:05 PM ET 7/21/10 \| BusinessWire Cohu, Inc. (NASDAQ:COHU) today reported fiscal 2010 second quarter net sales of $74.9 million and GAAP net income of $6.7 million or $0.28 per share. Net sales for the first six months of 2010 were $139.7 million and GAAP net income was $7.6 million or $0.32 per share. The Company also reported non-GAAP results, with second quarter 2010 net income of $8.7 million or $0.36 per share and net income of $11.8 million or $0.49 per share for the first six months of 2010. Sales of semiconductor equipment accounted for 87.6% of fiscal 2010 second quarter sales. Microwave communications equipment and video cameras and related equipment contributed 6.5% and 5.9%, respectively, for the same period. Orders were $95.4 million for the second quarter of 2010 and $81.8 million for the first quarter of 2010. Orders for semiconductor equipment were $84.8 million in the second quarter of 2010 compared to $74.7 million in the first quarter of 2010. Total consolidated backlog was $116.6 million at June 26, 2010 compared to $96.1 million at March 27, 2010. Cohu expects third quarter 2010 sales to be approximately $83 million. James A. Donahue, Chairman, President and Chief Executive Officer, stated, "On a 15% sequential increase in sales, Cohu's Q2 non-GAAP operating income increased to 14.9% compared to 6.3% in Q1. Consolidated and semiconductor equipment orders of $95.4 million and $84.8 million, respectively, are new company records. We obtained initial customer acceptance of our new Pyramid thermal handler, enabling Cohu to recognize revenue associated with multiple Pyramid handlers in Q2." Donahue concluded, "Unit orders for handlers increased by 32% compared to the first quarter and demand was strong for both pick-and-place and gravity systems. Equipment utilization on customer test floors remains high, forecasts are strong and order momentum has continued into the third quarter." Cohu's Board of Directors approved a quarterly cash dividend of $0.06 per share payable on October 29, 2010 to shareholders of record on September 3, 2010. Cohu has paid consecutive quarterly cash dividends since 1977.