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

To: robert b furman who wrote (51211)	2/19/2011 6:57:50 PM
From: Donald Wennerstrom	1 Recommendation Respond to of 95616

Bob, COHU has done rather well from last Sep to the first of this year, gaining 55 percent. Since the first of the year, the pullback has been 13 percent. One of the contributors to this pullback was the earnings announcement on 26 Jan. As you can tell by the volume, quite a few entities did not think the earnings and outlook for the future was not as good as they would have liked so they "jumped ship". A million shares traded that week which is a lot for COHU. After the announcement, another 2 weeks of selling and price retraction, and now the last week had a small gain, but volume was rather low. Hopefully, the weekly gains will continue and recover from this recent decline.