Coherent (COHR) : Anyone else holding? Message Board

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

COHR 166.69

+7.9%

3:59 PM EST

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To: Doug who wrote (311)	11/4/1997 5:00:00 AM
From: JDN	Read Replies (2) of 788

Dear Doug: Answer; Ignorance! I dont mean that in a nasty way. What I mean is that so far as the general market knows a short while ago COHR announced they will miss their numbers by a fairly substantial margin this quarter and not expecting anything rosy in numbers next quarter... We, who follow this stock closely know that they are about to announce some very significant new lasers most likely at the trade show in Japan in December. The general market is either unaware of that or feels for now its dead money and they will wait and see what develops. If you want to get in low now is the time. Once this stock moves I believe its initial move will be quite fast back to the mid 40 range or maybe a little above. If you own the stock, I would suggest you just file it away and open at Christmas. If you dont own it and wish to I would suggest that you better be in it before 12/3 or so when the trade show occurs unless you like to pay more for a stock. JDN

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