Coherent (COHR) : Anyone else holding? Message Board

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

COHR 139.28

-0.5%

Nov 14 9:30 AM EST

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To: Marshall who wrote (36)	9/22/1996 1:05:00 PM
From: John A. Anderfuren	of 788

Thanks for the comments. Phtn suffers from lack of news as well 45% insider owned, not a lot of call to share infomation. All we can find is positive. For now I ride the ups & downs. I have a 1000 shares I sell over 9 and buy back under 7 1/4. This run will be the 6th since July. I picked up a couple 1000 more on this dip in case the market trend carries through to news on this quarters results. These I'll keep on the chance there is not a drop back. I don't disagree on Egls. General good news in smi demand may bring it up to 15 where I'll sell some. Will look forward to any further light you may be able to shed. Thanks John ps I doubt the gerneral market has enough legs to stand up past March or April. I don't see general earnings strong enough or the ecomomy week enough. Under these conditions we either turn full bear or continue the same up & down Up & down of a market with little leadership.

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