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Technology Stocks : OCLI - Optical Coating Laboratory

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To: Sam Citron who wrote (16)8/27/1997 9:39:00 PM
From: craig crawford   of 74
 
<< I like COHR, but would prefer to buy it at around 30. >>

COHR should earn over $3 a share this year. You think it is only worth buying with an expected PE of 9?

<< They won a settlement from SDLI on a patent infringement suit in May >>

The link you provided is for Spectra-Physics. I'm pretty sure that isn't related to Coherent.

<< They seem to have good technology, but for some reason have exploited it more toward medical applications than telecom. >>

I agree, but there is nothing wrong with that. My point (and this is the last time I will make it because this is the OCLI thread, not the hype COHR thread) is that I believe that COHR is going to move swiftly into the telecom/semi-laser market and should be looked at as a cheaply valued sleeper.

Check this out: (Especially the last section and last sentence)
laurin.com

Also, this refers to Coherent moving into telecom markets:
laurin.com
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