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

To: Henry D who wrote (1189)	2/5/1999 7:41:00 AM
From: robert b furman	Read Replies (1) \| Respond to of 7827

Hi Henry, I may worry but I will always keep the faith.I think the announcements regarding both Teradyne's and Hewlett Packard's joint efforts with Delta's castle test handlers is really exciting.In the past Advantest from Japan has owned this market.This marks a first for domestic testhandlers to participate in the DRAM testing. So far Intel has made $100 million to Samsung,$500 million to Micron cash infusions specifically for the production of DIRECT RDRAM production.These are required for their wideband 500 mgh Pentium III chips and their Camino core logic chip sets. Additionally Toshiba has confirmed Intel has also made an offer.It is rumored NEC and Hyundai were given proposals as well. If Cohu can sell Castles to all those chip companies they stand a shot at saying "The worlds largest mfr. of testhandlers instead of the largest U.S. Based mfr. of testhandlers! Most Importantly this package of business can occur now - rather than waiting for S.E.A. to recover. This can greatly enhance earnings up out of the bottom as well as build backlog in a proven device that will maintain margins (unlike the enterprise). All very good news! As we live thru this cycle upstart,if Cohu's stock price has any setbacks - I will reposition my stock portfolio to get all the Cohu my money can purchase.This stock is a 2 for 1 split and headed fo 40. I believe as KLINVESTOR says the spread between Cohu and Teradyne will be narrowed as Cohu does business with Teradyne,Hewlett Packard and Schlumberger. Have a nice day and buy more Cohu if it gets cheap. Bob

To: Henry D who wrote (1189)	2/5/1999 10:15:00 AM
From: KLINVESTOR	Read Replies (1) \| Respond to of 7827

HenryD, I think the news on Micron bit growth is especially good news for Cohu. I receive the Montgomery Securities analyst reports and they also mentioned another very important point (for Cohu) in discussing the new higher spec DRAM that is coming out. They said one of the problems encountered is it takes 30% more time to test. Bottom line, there is an incrementally greater need for Cohu handlers during this test time. Of course I guess the Castle handler test more chips at the same time so that is a negative but all in all I believe we are seeing some really good news on Cohu and their customers and the next couple of quarters could see a much quicker rebound. Has anyone noticed that there is only one analyst with an earnings projection for the lst quarter. Strange it is lower than the 4th quarter 4 cent loss as the analyst has a projection of an 11 cent loss if I recall correctly. What I do not understand is why the other 3-4 analysts that were covering Cohu are not making quarterly estimates. Maybe it is time to call up some of these firms and see why they are not updating their estimates.