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Technology Stocks : Cohu, Inc. (COHU)
COHU 21.78-1.1%Dec 14 5:20 PM ESTNews

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To: bearshark who wrote (6466)9/20/2017 10:52:08 AM
From: robert b furman  Read Replies (1) of 6483
 
HI bear,

Two days of big volume!

Clx study says we need a reset - the last cycle peaked 70 days ago.

If Cohu peters out in volume - I think its down into November with a Santa Claus Rally or a big pop with good earnings and guidance in Late October.

Some one has sold a lot of stock of late - time to reel it back in at a lower price?

2cs ( today @ 34.86) last got this low at the end of July 26th (29.49) and beginning of June 8th (36.67).So the rallies can happen every month - sometimes.

This is either the parabolic rise of the semi's and will rival late 1999 - or we are about to leave a lot of high priced stock in pretty little bags for the bag holders to worry about.

Much lower volume so far today - me thinks the MM wants to buy back some cheaper stock.

Investor presentation high lights COHU 500 in the next 3-5 years through organic growth by 5 years and 3 years with acquisitions.

2017 cash to be 140 million with needed to operate of 42 million.

Allows almost 100 million for acquisition by end of year.

Kita acquisition growing faster than expected - now penetration 13 % of new test handlers - started with 3.5% before acquisition.

Contactors have margins in the mid 60's - this is where the quick money is considering Cohu has the largest installed owner base globally (greater than 11500 handlers).

Cash flow growing at $1.00 per share for the last 3 years.

Probably never see it below 15 again.

Let er run bear - let er run!!

Bob

Bob
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