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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 139.28-0.5%Nov 14 9:30 AM EST

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To: Marshall who wrote ()8/17/1996 8:33:00 PM
From: Tom Sackman   of 788
 
Yes, COHERENT has a habat of dropping just before the earnings are released and I would be a very rich man if I would have acted on this. The conpany has been turning out good quarters after good quarters for some time and another one should be on the way. The stock is hanging around 40 or so now but I think it will be back up into the 50's as soon as the Stock Market has cooled down a bit and people see what a strong company it is. I would like to see the stock split when it gets back up in the 50's. By the way, I have been a Coherent employee for almost 20 years now so I do know just how firm a company it is.
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