Coherent (COHR) : Anyone else holding? Message Board

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Biotech / Medical : Coherent (COHR) : Anyone else holding?

COHR 156.67

-0.8%

Nov 12 3:59 PM EST

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To: Thomas J Pittman who wrote (159)	9/8/1997 10:26:00 PM
From: Jerome	of 788

Hi Thomas,Undervalued it is, underfollowed it is. But three times in the past six trading days it was mentioned on CNBC by a fund managers best idea. A higher visibility will certainly help. I have owned COHR almost a year and up about l0%. I always felt that the stock price would catch up to earnings. Cohr is followed by three analysts. COHU is followed by one analyst but has experienced significant appreciation. My suspicion is that COHR has great products and a great future but the products for medical use need FDA approval and this can delay their impact on the bottom line for years, until the FDA gives approval. At any rate Coherent is starting to appear on radar screens as an undervalued company and that is good news for us shareholders. I always did have a tendency to buy too early. This time I'm glad I held on. I would like to know if COHR is or will be a significant player in the DUV technology that is much talked about on the semi-equipment manufactures web sites. (e.g. UTEK) Have a good week., Jerome

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