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Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

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To: Jay Charters who wrote (218)7/7/1997 2:47:00 PM
From: JakeStraw   of 381
 
JC, IMO CCSC is fully priced at this point but could go higher in the short term depending on their upcoming earnings report & the market in general. I still like Coherent as a long term hold though.

BTW, Zacks has an estimate for this quarter earnings @ .20 per share & .85 for the year. Not exactly blazing results for a company currently trading at a p/e of around 29 based on the forward earnings number.
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