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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 185.83+5.8%Dec 19 9:30 AM EST

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To: JDN who wrote (697)9/8/1999 6:55:00 AM
From: Mike Harvey  Read Replies (1) of 788
 
Out from the woodwork they come!

Yes it's true, there are actual holders of this stock. To wit, myself. Have been waiting for The Breakout. Is it here? Maybe. Maybe not. 'Maybe' because there's been a shitload of white candles in the last several weeks, including an inordinately large bunch of hammers; plus yest's volume is encouraging. 'Maybe not' because it's showing overbought, which is odd, isn't it, given how slow and tentative it has appeared while going up. Plus, it's kinda late arriving to the semiconductor party, wouldn't you say?

Me, net net I like the feel of it, so I'm siding on the 'Maybe' side.
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