Coherent (COHR) : Anyone else holding? Message Board

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

COHR 134.64

+4.6%

Nov 5 3:59 PM EST

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To: Scott Schmitz who wrote (570)	6/8/1998 2:28:00 PM
From: JDN	of 788

Dear Scott: Seems like you and I see it similar here. Following is what Standard and Poors says this morning: "S&P Downgrades Coherent Inc. Shares to Accumulate" personalwealth.com Stardard & Poor's today lowered its investment ranking on shares of Coherent Inc. (Nasdaq:COHR) to accumulate from buy after the company announced that third quarter results will be adversely impacted by lower than anticipated revenue and two significant one-time charges. Analyst Ken Shea said he is disappointed by yet another in a series of recent bumps in the road for this leading maker of high-margin laser, optics, and microelectronic products. However, Shea noted that based on strong finances, COHR shares are okay to accumulate on today's weakness. Get unbiased opinions on stocks in the news every trading day from S&P STA JDN

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