SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 156.67-0.8%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Khris Vogel who wrote (136)8/25/1997 1:09:00 PM
From: Thomas J Pittman   of 788
 
Got this from briefing. Apparently Barrons rates this
co. higher than coherent for laser technology? Has anyone
seen the article. Is coherent mentioned? Does this have
implications for coherent?

J

LASER INDUSTRIES LTD. (LASRF) 17 7/8 +1 7/8. Laser maker of a broad range of aesthetic and surgical laser
systems for use in a variety of medical applications is getting a lift this morning from a positive piece that appeared in
the latest Barron's over the weekend. According to the article, this Israeli maker of lasers has emerged as a leader in the
medical laser industry and is capitalizing in the growth in the vanity market for wrinkles and hair removal. The
company's lasers are also being used for throat surgery to reduce snoring. And future growth is seen in the dental area as its
lasers can be used for no-noise, no-vibration, painless dental drilling. In 1996, the company reported a net of $1.17 a
share on sales of $58.7 million. So far in the first six months of 1997, the company has posted a net of $0.62 a share on sales
of $35.6 million, versus year-ago net of $0.59 a share on sales of $28.6 million. It should be noted that latest earnings per
share are based on about 1.6 million more shares outstanding than in the year-ago period. For 1997, estimates call for the
company to earn between $1.30 and $1.35 a share, while forecasts for 1998 project a net of $1.60 a share. The positive
feed from the article has propelled the shares to a new 52-week intraday high this morning.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News