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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 (496)4/9/1998 9:10:00 AM
From: Thomas J Pittman  Read Replies (3) of 788
 
>>>Tomorrow we will learn what the market thinks of a "slight" miss.

I think the market is not going to think very highly of
this miss. Bluntly put, I think we are going to get nailed
back into the mid-high teens over the next week or so.

Longer term, I still dont see any change. Still leading
technology, still the major player across a broad set of
markets, still a key technology for the things that loom
on the horizon. The big minus seems investor relations in
that this should have been on the table sooner.

My problem is that even though I think we are headed lower
for a while, I am not much of an in and out trader type.
I bought these guys and am too foolish to think I am smart
enough to be able to time things well. (did i say that
right?)

So here i sit......holding.

J
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