Coherent (COHR) : Anyone else holding? Message Board

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

COHR 128.77

-2.5%

Nov 4 3:59 PM EST

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To: Thomas J Pittman who wrote (642)	10/10/1998 9:38:00 AM
From: Daniel Kahn	Read Replies (1) of 788

Folks, I have ridden this dog down from $24 (post split) and like you am waiting for the turn. While I am not here to defend these guys as they have done a lousy job of managing through what appears to be an industry downturn coupled with a bear market in mid cap stocks, I was encouraged to see that of late there has been some insider buying in the stock. While not huge purchases, it is better than nothing. Since I did not see a reference to it on this board, thought I would mention. Also, if you look at valuations such as sales to market cap or book value, the stock has gotten ridiculously cheap. I am inclined to buy more down here and wonder what you guys are thinking. Check the yahoo insider purchases for confirmation. Thanks!

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