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Biotech / Medical : Coherent (COHR) : Anyone else holding? -- Ignore unavailable to you. Want to Upgrade?

To: Thomas J Pittman who wrote (357)	12/12/1997 5:08:00 PM
From: JDN	Respond to of 788

Dear Thomas: I dont know if I agree totally with TOBY. My feeling is up until recently COHR concentrated mainly on lasers for the Medical field. Seems to me it was only a few months ago that they had a reorganization of sorts and decided to push more into telecommunications and semiconductor field. While I own both this and CYMI, frankly, I find COHR to be the stronger of the two (especially in this down tech market) in that they now have a broader product line and I would be very surprised to see the medical laser side of the business very much adversely affected. While it is always possible that it will slide furter to 30 I would only then have to say its an even more fantastic opportunity to acquire the stock. But I am an intermediate to long term holder. I see no problem with this stock going into the 60's within 2-3 years. JDN