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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 160.99+1.9%10:55 AM EST

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To: Dana Breite who wrote (138)7/24/1997 10:23:00 AM
From: Moray   of 788
 
I forget which brokerage firm, but there is a price target out there for 60. I personally believe this stock can easily go much, much higher. Remember those numerous price targets of 100 for IBM when it was at 50? Well, now its at 105 and the analysts change it to 150. They change the target to create new trades for the firms.

Lasers are in their infancy, and are the future. Coherent is the 500 lb goriila of laser co's. They are the leader in the industry. I'm going to hold way past 60. This co. is grossly undervalued, is poised for even greater growth, and can (in my humble opinion) be a stock you can buy on dips and hand off to your grandkids.

Long (very long) on COHR!

Regards,
Moray
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