Coherent (COHR) : Anyone else holding? Message Board

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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: raydit who wrote (365)	12/27/1997 8:14:00 PM
From: raydit	Read Replies (2) of 788

Caught the following in reading Standard & Poor's Outlook today. COHR is one of their Master List stocks in Group 4 (smaller companies) with a five star rating, B quality ranking. Photronics (PLAB) is also reviewed and has the same rating. The blurb says,"Coherent, Inc., a maker of lasers used in health care and technology applications, has formed a joint venture with Fiber Optic Network Solutions to develop and produce a line of broadband transmission products to provide cable TV and Internet access. The new venture, called CFX Communications Systems, will produce products that will handle both analog and digital transmission over hybrid fiber-optic and pure fiber-optic lines into the home. The venture marks Coherent's first efforts in the communications industry and could eventually be a big growth area for the company." Seems late, but it is a move forward - hopefully.

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