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


To: Thomas J Pittman who wrote (361)12/12/1997 9:51:00 PM
From: Doug  Read Replies (2) | Respond to of 788
 
Hi Thomas: Every Investor does some form of analysis prior to buying and selling. A market exists only because of the random results of those decisions. For every seller there has to be a buyer unless one is a trader/M.M. That said , I was bullish on COHR in an up mkt but in a down mkt another set of valuations are called for. I would request you to check the historic low P/E's and P/S ratios of COHR in a down mkt. In such markets , only stocks that have established rev/income growth mantain valuations. G is a perfect example. COHR will only be a screaming buy when it refuses to fall in a dowm market.