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: JDN who wrote (482)	3/20/1998 4:04:00 PM
From: Doug	Read Replies (1) of 788

JDN: Like Mother nature , the market too has its seasons. My almanac shows a correction due. When that comes it will shave off 10-15% and pass on. I do not like going thru another price loop. If COHR had kept pace with the market I would have agreed with your approach of hold and wait. Tech stocks are different. There is only one harvest and famine follows. I used this approach on ANDW and was I lucky to miss that sell off. I intended to do the same on Bay at $35. Unfortunately I changed my mind when Bay fans were pushing for much higher Sales / revenue. I later regretted that decision. Like you,I have been holding this baby for over 6mths.

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