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 9:30 AM EST

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To: Dan Packer who wrote (404)	1/17/1998 4:59:00 PM
From: Doug	Read Replies (1) of 788

Price/Cash flow valuations would make sense if spending for Acquistions/R&D were the norm and Retained earnings were near Nil. Normal P/E valuations appear to be currently used. The street expects a pop in Earnings.

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