CCSC - Coherent Communications Message Board

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Technology Stocks : CCSC - Coherent Communications

CCSC 5.170

+0.4%

Apr 20 5:00 PM EST

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To: R Cesar who wrote (110)	2/10/1997 11:38:00 AM
From: Todd D. Wiener	of 381

Right now, I believe Coherent is being treated as a networking stock, and is experiencing the correction. It's nothing to worry about, since there is a very strong support level around 19-20. The reason it keeps falling back is that it faces overhead resistance at $24-25. Check out the chart; this has been a consistent behavior of CCSC. I'm buying below $20. The networking stocks are also becoming a good deal, too. TDW

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