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

To: bearshark who wrote (7348)	4/9/2022 7:03:08 PM
From: robert b furman	Read Replies (3) \| Respond to of 7822

bear, The 57 fuelie I bought was stripped to the glass and primer. It had never been hit or repaired. Really an excellent body. The doors even close fairly well for the pins being worn. I bought a 54 vette when I was 17 and stored it for decades. I had the Nabers bros restore the body for me. I did the frame and drivetrain. I sold Kenny and Gary new Chevrolets for many years at a net cost deal and they did my restoration for $40,000 about 30years ago. Kenny died from the flu in 1919 and gary shut down their restoration business - still dabbles , but those guys had a collection of basket case supremely rare midyears. Three big tank 63's! Kenny had a neat 56 Belair convertible that was restored and Dana Mecum sold it in the 2020 Houston auction - NO COMMISSION!. Shows how well known and thought of they were/are. Gary also had a 57 Belair hardtop California car - no rust and it was a 57 power pack A/C car. Power steering driven off the generator. Neat basket case car also. I kick myself for not buying it, as I had a first shot at it. My three garages were full. That 10 grand would have probably come with divorce papers. <smile> I read about that repair technique and Nabers had a different approach. They had a primer like product that when sprayed and cured is extremely hard, almost gel coat like. They seal the old glass in a gel coat like product - really hard and tough to sand - it's more of a sealer . Block it and then do the epoxy primer for adhesion and then high build epoxy primer, and block sand it till she shines. Then (on my cars) I use a polyurethane base coat clear coat from PPG. My 54 has an Acrylic as it was done 30 years ago. My Nomad has a PPG product that is a "Glamor" clear @ $1000 a gallon. Pricey but it looks really shiny! It's really important to know what you want to do with a classic old car. Generally speaking if you want a complete restoration, you'll spend more than the car is worth, and not be able to drive it. BUT, you'll have a pristine collector piece, much like a big bar of pure gold. One can't really do much with it but look at it and feel good about owning it. Often people who do spend all the money restoring the car, take it on the show road, which is a busy and expensive routine. After a year of miling out a $80,000 diesel truck and trailer, with hotel bills and eating out all the time, the thrill goes away and they begin to drive it. Then the weak repairs begin to show and the older car designs leak oil and cleanups are a burden. Then the owners get old and tire of the game and sell it. THOSE ARE THE ONES TO BUY. IMO It's no longer pristine, shows some wear but is 95% new, takes a small amount of work and is a real attention getter that is fun to drive. That BAT 57 Corvette was just a nice old original car. To buy it and restore it would be a LOT of money. Those old well cared for cars are really nice survivors. Once you go to the restoration road, you take off nice pieces and never use them again. Once you start that everything is new, you can't cut corners. Even the nicest of nice that is 65 years old is still worn vs reproduction new. It just never ends - everything must be knew, and your starting price began at $60,000! That 57 was a great driver that needed $10,00 to $15,000 TLC and then be a happy driver of a survivor. In many ways that is the best of the best, but you have to search long and hard to find a solid survivor and leave the darn thing alone! Then just pay what you have to pay and buy it! The other route is buy it new, and keep it a baby doll. Trouble is at age 70, some one's gonna get it before it is really old. I had a new 80 and loved it. Waxed it more than drove it. The the recession hit and Chevrolet moved me to Houston. We lost our down payment on selling the house and I sold the car to get another down payment after renting for 24 months. Life throws you curves. I'll get another new vette and it won't be electric. I read they killed the Z06 for the C8. If that stays that way, a Z06 convertible C7 would be the next like new car for me. I don't know, there may just be an early 70's Ferrari Dino in my stable. I've always loved those cars. They are art. That would have to be a survivor car. IMO Need to buy 10,000 Cohu at $25.00 and sell them at $75.00. See how easy big buck cars are! LOL Bob