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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 154.52-3.0%Nov 7 9:30 AM EST

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To: Doug who wrote (390)1/8/1998 5:14:00 PM
From: appro  Read Replies (1) of 788
 
>>or is it "Abandon Ship"<< IMHO it depends on your timing. If you can leave your COHR money alone for years I think COHR will be a fine investment.

If you need a higher return in short time frame....well, I dunno, but COHR does not fit that bill at present. I was impressed when it climbed to $38 a few days ago. Then yesterday around 11AM it quickly stepped down in less than 5 (count them five) minutes from 37 1/2 to 35 3/4. All on a handful of trades totalling 13,000 shares. That is spooky but what you sometimes get in thinly traded stocks.

I think most of COHR shares are in strong hands awaiting the inevitable growth (when we least expect it) over the long run.

End of speech. BTW, I like COHR and have followed it for years but I do not presently hold any. Bidding my time before I park a chunk of change here for the long run. : )
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