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

To: Johnny Canuck who wrote (7753)	11/2/2024 9:45:50 AM
From: robert b furman	Read Replies (1) \| Respond to of 7822

Hi Johnny, Thanks for the nice recap. Recurring revenue = a strong 67% and with always great margins. Cohu must continue to be opportunistic on rolling up the recurring business, which they say is fractured geographically with many small players. They seem to be tipping on the scale where continual profitability is very near achieved. The good news is when new systems return to growth, they will print money. In between cash flow continues to allow stock buyback plans. The average price paid was $25.397. A buy below $24.00 looks to be safe and supported by Cohu's cash horde. Bob