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

To: EACarl who wrote (6373)	6/29/2017 1:04:42 PM
From: Woody	Respond to of 7827

Hi Carl, yes it’s the 29th. and from what I see so far it’s down on low volume so to me someone what’s it lower. My window closes at today’s close for the trend change meaning at present tomorrow must be up. Also a close under 15.90 would change my thinking. By the way I’m on the bus at 16 so we shall see. Woody

To: EACarl who wrote (6373)	6/29/2017 1:24:25 PM
From: robert b furman	Respond to of 7827

Hi Eric, Crazy for a stock that has net cash of $4-$5 AND forward earnings of close to ~$2. Why is that? I believe it is early in the price mark up phase. 72 % of retracements fulfill the 50 to 61.8 % retracement. Cohu has now reached the .618 retrace at 16.12 today. If / when Cohu reaches the 1.80 per share EPS - it has historically announce a 2 for 1 split and dividend increases. With 25 % of the price in cash and a growth rate over 20% this unheard of and little known stock will become touted about by the many. When that happens we'll be joined on this sleepy thread with new found geniuses who will have greed bubling in their blood. That's whaen buying this stock will be dangerous. Cohu's pop to $21.64 is basically a double from its 15 year accumulation phase - which deserves as a minimum a quadrupling. I'm encouraged to see it running up - but their growth cycle has yet to catch on. This is the sleepy company that has consolidated their niche into all types of test handlers and their stable sale of consumables is 40% of their revenue. Their installed owner base is now over 11500 test handlers. They have over 105 million in cash and 10 million in bank debt. The consumables is a very fractured segment of the business with no one having greater than a 10% market share. The acquisition of Kita included a manufacturing facility in Japan. Cohu will do very well paying licensing fees to those they can not buy and buying up more to consolidate their offerings and market share. Keep in mind they are one of just a few equipment makers who have a global footprint - from which they service the largest installed ownerbase of test handlers test handlers and sell probers and contactors to both with their new test handlers and the existing base. In addition to that Cohu is about to offer their Wafer Level Packaging entry which has been well received in beta testing - resulting in pullins for follow on orders. I view this retracement as just # 1 of a longer term 5 wave up into much higher valuations. As Cohu consolidates the probers and contactors there revnue will grow nicely and it will carry their margins even faster and higher - exactly like their investor presentation with Stiffel indicated. I wish they could have had tendered Cascade Microtec before Form factor did. Cascades margins and growth showed how correct Cohu's 5 year two pronged plan to grow revenue and margins is. With this fall back retracement I will add to - but no more than 5 %. I'm profitable after many years and am enjoying the intil hint of an impulsive wave up. I'm thinking we are in a corrective wave ABC, of which I think we are in the tail end of the last C wave and we will resume the most powerful impulsive 3 wave after earnings are announced. If not, I'm enjoying the dividend and selling $15.00 puts instead of $10.00 - but in far smaller quantities. Every 90 days I try to have some puts that have a 15-19 % discount to the price vs. the net strike price,which Cohu funds. So I've begun a slower accumulation with the rise in price. This stock will make it stock holders very wealthy in the full run of its price - I'm willing to be patient after 15 years of buy and holding - while making some very nice money when one adds the dividend to the puts sold that did not force the buying of stock. Cohu had been a really good money maker as it channeled from 10 - 13 for many years - when it popped to 20 I thought I had lost an old friend.<smile> After a 2 for 1 split and some dividend increases - I'll be a nervous as a young pig at a Luau. In 1999 - I announced my complete sell off of Cohu - it was completed in the mid to upper 30's after a 2 for 1 split. That made it a 7- 8 bagger and I left a lot on the table, as Cohu went on to 61.75. I'm not saying that high a rise will happen again. In the last 15 years Cohu has remained debt free and made many an acquisition and consolidated the test handler business. No doubt they also have assembled a much larger pool of talented emplyees - a group of people that serve a robustly growing list of customers who now produce much more than MPU's and GPU. My long term vision of the future remains the same - more chips of many more types and they all must be 100% tested. Cohu has a low profile position with in the semi sector - but it is a necessary step. Some day TER or Amat will understand that and a tender will happen. At this point in my life - I just hope whoever buys them pays a bigger dividend and maybe I get some more stock out of it. That's my story - I cant prove it , BUT I AM STICKING TO IT! LET'S GET RICH!!! I THINK WERE CLOSE: screencast.com Bob