Coherent (COHR) : Anyone else holding? Message Board

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Biotech / Medical : Coherent (COHR) : Anyone else holding?

COHR 159.34

+18.3%

Nov 6 3:59 PM EST

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To: Thomas J Pittman who wrote (550)	6/7/1998 8:51:00 AM
From: JDN	Read Replies (2) of 788

Dear Thomas: I guess all of us have similar feelings right now. All I can say is the the analyst for OLDE DISCOUNT has a long term accumulate rating on this stock with a target of 29. Unless this unfavorable news is already priced into the stock I suppose that a further drop may insue Monday. I personally would not buy any more shares above 20 at this time, however since I have a long term horizon, were it to drop very much below 20 I would be inclined to add to my position. Despite all the recent troubles, the fact remains COHR is a Premier Laser company with what I believe to be a bright future once the Semi conductor industry gets back on its feet. Over the next 6 months though, I admit may be dead money. JDN PS: buy when they CRY; sell when they YELL!!

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