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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 139.91-10.7%3:59 PM EST

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To: Khris Vogel who wrote (117)7/2/1997 4:55:00 PM
From: Thomas J Pittman   of 788
 
Just spoke with Susan in investor relations and she said she
had no news, no explanation and 'no clue' why the volume or
why the upward price. She did say that the CEO and CFO
were presenters at a conference in NY but that it occurred
6/24 and that she couldn't imagine why the jump happened
now. She did comment that it was a company joke that whenever
the CEO was out of town, the stock price goes up and that
he is scheduled to be out of town for the better part of
the next month.

In short, no word yet on the price appreciation or volume.
Earnings are expected 'early in the week of July 21'.

I have been going through closing/settlement on the construction
of my new home and have not been posting very much. I will
put my SSG stuff on this weekend. I did manage to do some
buying at ~42, but would have liked to have gotten more.

Regards,

J
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