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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 191.37-0.3%9:30 AM EST
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To: JDN who wrote (587)7/3/1998 12:07:00 PM
From: Doug  Read Replies (1) of 788
 
JDN: The market has its own lingo and values. I can definitely state that Lasers are not on their value list. There is an overflow of suppliers both at home and abroad.

COHR has not shown it is aggressive enough to gobble up the new entries. The result is market share erosion and oversupply. Time is more likely to worsen the situation.

In the face of this decline, your infinite patience and never ending hope in COHR is admirable but is unlikely to be emulated by others.
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