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

To: JDN who wrote (496)	4/8/1998 11:20:00 PM
From: Khris Vogel	Read Replies (2) \| Respond to of 788

Re: At least they seem to have the orders and I presume what isnt shipped past qtr will get shipped next qtr. Assuming two things (that they get their supplier-based problems resolved and that no customers cancel orders), one would thing that next quarter should be notably better. IMO, one thing that will be important to keeping investor confidence in mgmt. high is for mgmt. to keep us informed as to the progress (or possible lack thereof) in resolving the component problems. Many can be patient, but fewer will tolerate surprises.

To: JDN who wrote (496)	4/9/1998 9:10:00 AM
From: Thomas J Pittman	Read Replies (3) \| Respond to of 788

>>>Tomorrow we will learn what the market thinks of a "slight" miss. I think the market is not going to think very highly of this miss. Bluntly put, I think we are going to get nailed back into the mid-high teens over the next week or so. Longer term, I still dont see any change. Still leading technology, still the major player across a broad set of markets, still a key technology for the things that loom on the horizon. The big minus seems investor relations in that this should have been on the table sooner. My problem is that even though I think we are headed lower for a while, I am not much of an in and out trader type. I bought these guys and am too foolish to think I am smart enough to be able to time things well. (did i say that right?) So here i sit......holding. J