Coherent (COHR) : Anyone else holding? Message Board

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

COHR 161.87

+2.5%

10:43 AM EST

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To: Thomas J Pittman who wrote (177)	9/18/1997 4:04:00 PM
From: Crossy	of 788

Thomas, I looked deeper into that deal. It's much better for COHR than for PMTL (or so..). COHR pays upfront a lumpsum. In exchange for this they seem to get exclusive distributorship rights. PMTL seems to need cash urgently. They got it. COHR has locked in another product that could be sold alongside its current sales network. That's what I call true economies of scope. PMTL deosn't have that sales net overally. So it's a win-win. But anyway COHR has found another niche to cover <G>. best wishes, CROSSY

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