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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: Khris Vogel who wrote (507)4/10/1998 4:49:00 PM
From: JDN  Read Replies (2) of 788
 
Dear Khris and all: Company IR Dept. sent me the following message which I am printing below. JDN

Subj: Typo by Yahoo re: Coherent
Date: 98-04-10 13:05:50 EDT
From: peter_schuman@cohr.com
To: citron@nauticom.net, nicewong@aol.com

Dear Investors,

I also noticed the typo by Yahoo saying "Third Quarter" when the story should
read "Second Quarter". Repeatedly tried to reach Yahoo, but to no avail.
Correct headlines ran on all the other wires, but I believe they typed in the
headline themselves.

In any case, we expect a strong third quarter. On the medical side of our
business, we began shipping Epic, our newer ophthalmic product, late in the
quarter as well as our Help G product. Help G is a new aesthetic product for
leg veins e.g. varicose veins and spider veins that we believe is going to be a
hit. Also, hair removal orders are very strong. We took $5 million in orders
in Palomar's new diode hair removal product, LightSheer, in two weeks. None of
those shipped in the second quarter but are currently shipping. Palomar is the
only laser company with FDA approval for a diode hair removal product, and a
nice product it is!

The electro optic side of our business is also doing well. Lambda Physik (see
their web site releases) took in an order for $6.7 million from Japan Steel
Works for its LAMBDA 4000 high power excimers. These lasers are all shippable
within the next twelve months. Our laser group is still ramping on the Verdi
lasers and we have a product called Vitesse which is going into the world's
first DUV inspection product.

We have told the Street over the past 6 months that we expect a stronger second
half to fiscal '98. Now it's up to us to deliver.

Best Wishes,

Peter
Subj: Typo by Yahoo re: Coherent
Date: 98-04-10 13:05:50 EDT
eter
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