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

To: Doug who wrote (390)	1/8/1998 5:14:00 PM
From: appro	Read Replies (1) \| Respond to of 788

>>or is it "Abandon Ship"<< IMHO it depends on your timing. If you can leave your COHR money alone for years I think COHR will be a fine investment. If you need a higher return in short time frame....well, I dunno, but COHR does not fit that bill at present. I was impressed when it climbed to $38 a few days ago. Then yesterday around 11AM it quickly stepped down in less than 5 (count them five) minutes from 37 1/2 to 35 3/4. All on a handful of trades totalling 13,000 shares. That is spooky but what you sometimes get in thinly traded stocks. I think most of COHR shares are in strong hands awaiting the inevitable growth (when we least expect it) over the long run. End of speech. BTW, I like COHR and have followed it for years but I do not presently hold any. Bidding my time before I park a chunk of change here for the long run. : )

To: Doug who wrote (390)	1/13/1998 4:12:00 PM
From: Crossy	Read Replies (1) \| Respond to of 788

Doug, sine the reason for me to enter COHR was lithographic products coming up, I would give them 2 further quarters to show up some market share in that area. If that won't materialize until summer, I would be tempted to sell.. On their medical side I'm not that informed. However if they manage the transition to more recently introduced products like their verdi laser, they could still be a formidable investment vehicle.. regards CROSSY