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: JDN who wrote (603)	7/24/1998 6:07:00 PM
From: Doug	Read Replies (1) of 788

JDN: An old accounting scam used to be "channel stuffing". Sales were made to the distributor with a fine print worded clause allowing a buy back of goods not sold. This resulted in excellent sales growth for a few quarters, After that came the buy backs and write offs of Inventory. I have no details about the Medical Group's sales problems. Investors in COHR since 95 have all lost and I wonder what they intend doing about it. Do you have any details of what was said at the Conference call.? Thanks.

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