Coherent (COHR) : Anyone else holding? Message Board

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

COHR 166.62

+7.8%

3:59 PM EST

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To: Doug who wrote (311)	11/3/1997 5:57:00 PM
From: mr. picker	Read Replies (1) of 788

Isn't it ironic that after Oct 31( end of year for mutual fund managers bonuses) that the market climbs? Cohr is going to have to wait till those fund managers get enough of the blue chips and mid-caps before they take a glimpse here. It's a shame that 2.5M spent on R&D is enough to throw earnings off .25 cent because I'm sure investors are looking at the .25 off then the 2.5M reduction. But isn't R&D the easiest place to throw off other expenses? Will this 2.5M lead to new products or quicker product introductions? Who knows but if you trust management then this stock is definetely on sale. Give this stock plenty of time and it will climb. regards mr.P

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