Coherent (COHR) : Anyone else holding? Message Board

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

COHR 162.82

+3.1%

10:28 AM EST

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To: Thomas J Pittman who wrote (194)	9/24/1997 3:55:00 PM
From: JDN	of 788

Dear Thomas: I agree. Of course they have a buy on the stock but even they have what I believe is an understatement in their analysis. They forecast a growth rate of 15% a year in Revenue. I believe that is for Medical Lasers only as I dont think they are taking into consideration the growth which is coming in the Commercial lasers in telecommunications and semi conductor industry. COHR seems to be realizing it as I believe that may have been the reason for the small reorganization they just had. JDN Ps: I am going from memory but I believe that was a 12 month target.

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