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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 154.52-3.0%Nov 7 3:59 PM EST

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To: Doug who wrote (358)12/12/1997 9:28:00 PM
From: Thomas J Pittman  Read Replies (1) of 788
 
Doug,

I dont know whether or not i have ever viewed a single
stock as a 'screaming buy'. In fact, i dont even like
it when people say that. However, at current levels i
believe we are very close to what i really believe is
a true no brainer for long termers like myself. At 30
COHR becomes an equity that truly begs to be bought, and,
dare i say it, is a screaming buy. This is, of course,
my own view but i think that pretty much any fundamental
analysis of the company with respect to the company's
finances, its prospects, its stature in its industry, and
the industry itself would yield a buy rating on almost any
scale assuming only a time horizon of more than a year or
so.

At 30, i will find a way to buy more.

And believe it or not, i am not in love with this company
or its stock. Every analysis that I am capable of brings
me to my conclusion.

Regards,

J
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