Coherent (COHR) : Anyone else holding? Message Board

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

COHR 157.96

-5.2%

Nov 11 3:59 PM EST

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To: Thomas J Pittman who wrote (194)	9/24/1997 3:09:00 PM
From: Moray	of 788

I agree that 70-75 seems a little low, considering COHR's low valuation. It would be really nice if it could close above 50-51 bucks and stay there for a while. What I would like to see are downward bounces off 50 so it may create a solid support level, then technically, the trend would be up and up. But fundamentally, this is a great diversified company that is the 500 lb. gorilla of laser co's. Heading lower from here just creates another buying opportunity, IMO. Bullish big time on this one... Moray

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