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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 156.82-0.7%2:30 PM EST

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To: Thomas J Pittman who wrote (140)7/24/1997 2:46:00 PM
From: Moray   of 788
 
Thomas, you're right about the lackluster volume. But the coverage is getting much beter:

-It's been put in the 600 mid-cap index
-S&P put COHR as a buy on thier mid-year forcast newsletter
-And CNBC has had analysts and money managers raving about the great fundamentals and undervalued nature of the stock. I see an item about COHR about once a week on CNBC now.

I also like the fact that this thread isnt too busy. This would indicate to me that investors in COHR arent watching this thing day to day; that they are in for the long term. Some of the threads on other stocks have people scurrying about like Chicken Little every time the price dips a quarter point! I sense a calm and reasonable group here...

All the best,
Moray
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