Coherent (COHR) : Anyone else holding? Message Board

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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: Thomas J Pittman who wrote (157)	9/6/1997 9:51:00 PM
From: Thomas J Pittman	of 788

An update from Standard and Poors In the September 3 issue, COHR is listed as one of a number of 'quality' stocks that are underfollowed by analysts. More interestingly, comments on stock as a part of the Master List pointed out that the recent operating earnings increase of 17% and revenue increase of 15% occurred despite the strengthening dollar and despite more than 50% of sales coming from overseas. I had missed this point. Given that even mighty Intel has complained about weakness overseas, this is, to me, a sign of true strength. The increase in order backlog was pointed out as was the low debt and increasing profit margin. I am somewhat surprised at the recent drift in the share price, but I am ever more persuaded that this company has a bright future and that the stock will follow suit. Thanks for listening and for comments. J

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