Coherent (COHR) : Anyone else holding? Message Board

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

COHR 166.69

+7.9%

Nov 10 3:59 PM EST

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To: geoffrey Wren who wrote (249)	10/15/1997 1:15:00 PM
From: JDN	of 788

Dear Geoffrey: Just to show you I put my money where my big mouth is--I today doubled my position in COHR. Didnt get at the bottom unfortunately as my last purchase was at 44 1/2 but I believe it is an exceedingly good value at these prices. I was especially heartened that the sales are actually up and company is repositioning itself to have more Verdi type lasers available to ship with a strong backlog of orders. If they are successful in this effort, I believe the increased margin on those lasers should offsett the increased sales of lower margined cosmetic lasers. Then of course their is the eximer project which eventually should lead to tremendous profit growth. JDN

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