Word: cohu
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Dates: during 1960-1969
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...rise. Gains of three points or more were made by blue chips such as A.T. & T., Allied Chemical, International Nickel, Union Carbide, Westinghouse Electric. "The market has the best leadership you can have," said Gerald M. Loeb, partner in E. F. Hutton & Co. Bradbury Thurlow, of Winslow, Cohu & Stetson, figured that the upward swing "is a little too big for a false start." He calls the current market a "baby bull," and expects that it will get added nourishment when the mutual funds, which have been hoarding their cash on the sidelines, begin to buy. "They follow the public...
Hunt's suggestion touched off theoretical research that looked better and better as it progressed. In 1959 Columbia University's Hudson Laboratories took over the development of Artemis and called on Frank Massa, president of the Massa Division of Cohu Electronics Inc. to build the necessary gigantic gadget for creating sound. No such underwater transducer (noisemaker) had been built before, but the very first units were successful. The largest Massa transducer is now installed in the converted Navy tanker, Mission Capistrano. It is so huge that when it is retracted, part of its soft, length shows above...
...American Telephone & Telegraph has gone from 104 to 113⅞. But as a group, the blue chips still draw a wary glance from many investors. "They do not provide protection against the kind of cost-push inflation we have been having," says Bradbury K. Thurlow, vice president of Winslow, Cohu & Stetson, "and they are selling at inflated price-earnings ratios, which imply a future growth potential in earnings that cannot be logically shown to exist...