Coherent (COHR) : Anyone else holding? Message Board

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

COHR 164.04

+6.2%

10:18 AM EST

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To: appro who wrote (329)	11/25/1997 10:24:00 PM
From: Thomas J Pittman	Read Replies (1) of 788

Some news on COHR.... S&P has upgraded the stock to their 'platinum portfolio' which is reserved for stocks which are both rated '5 stars' and a 'fair value' rating of 5. The 5 stars essentially corrsponds to 'strong buy' based on their analysts opinions. The fair value is based on ?someones? assessment of a fair price for the stock based on what S&P sees as the fundamentals, expectation for growth, strength of balance sheet..... and so on. The fair value for COHR given CURRENT conditions, according to S&P, is $53. As such, it is seen as significantly off its fair valuation and earns a 5 and a spot in the platinum portfolio. This, of course, from the 'for what its worth' category. Regards, J

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