Coherent (COHR) : Anyone else holding? Message Board

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Biotech / Medical : Coherent (COHR) : Anyone else holding?

COHR 131.91

-0.6%

3:59 PM EDT

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To: Rob-Chemist who wrote (745)	7/31/2000 2:40:38 PM
From: JDN	Read Replies (1) of 788

Dear Rob-Chemist: I dont know the answer to your question and I was unable to listen to the conference call. Since then lost the damn URL for it. However, this just came out today. JDN RESEARCH ALERT-UBS Warburg starts Coherent at buy NEW YORK, July 31 (Reuters) - UBS Warburg said on Monday it started coverage of optical component maker Coherent Inc. <COHR.O> with a buy rating. -- Set $80 price target. -- Set fiscal 2000 EPS estimate of $1.29. -- Set fiscal 2001 EPS estimate of $1.53. -- Set fiscal 2002 EPS estimate of $1.81. -- Set fiscal 2000 revenue estimate of $563 million. -- Set fiscal 2001 revenue estimate of $666 million. -- Set fiscal 2002 revenue estimate of $774 million. -- "Coherent is the world leader in commercial laser products. The company is rich in intellectual property. It also possesses both considerable manufacturing expertise and a global infrastructure." -- Shares were off 1/2 at 60 in late morning trading on the Nasdaq stock market. The stock has traded between 16-5/8 and 107-3/8 in the past year. 11:58 07-31-00

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