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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (7434)	8/20/2019 11:28:02 AM
From: berniel	1 Recommendation Recommended By Kirk © Respond to of 26763

Yep, expecting the same thing sell on the fed news of on interest rate cut and down into December.

To: Kirk © who wrote (7434)	8/21/2019 9:17:24 AM
From: robert b furman	Respond to of 26763

HI Kirk, I've had out of state visitors since last tuesday. Really have not been paying attention. A rally into September and october sure would catch many on the short side I suspect. Couple a dovish Fed and it is a possibility. I did get some Cohu assigned to me. With the expired puts and their premiums , I've averaged a buy of $13.15. At this point, I'm OK with the buy , but may not be at the low yet. I still have some November's and February's out there. I've now picked up half the position I've hoped to add. When Cohu bought Xcerra, I pretty much thought the transition would create a bottoming in the stock and suck up any profits of the combined company for the year 2019. Facility transitions and employee severance is taking most of their free cash flow. That being said they've accelerated the 24 month synergies/saving into the first 12 months. Hopefully the savings will be in place for the ramp up of 5G with 2020. Xcerra's offerings were aimed at the infrastructure (should be ramping H2 2019 and H1 2020, while Cohu's offerings are more mobile handset, and that should ramp H2 2020. So it looks like the February 2019 year end webcast and seasonally weak Q1 guidance my be the bottom, and or a pleasant turnaround point. Either way it is close to only a half year off (close in my buy and hold style). Not sure if Keys has commented on 5G testing orders? Keep those nets low and full! Bob