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

To: Khris Vogel who wrote (497)4/9/1998 3:57:00 AM
From: Doug  Respond to of 788
 
Khris: COHR has a low relative P/E because of its low growth rate and
instability of earnings. That said, it now needs an earnings explosion foe a breakout. Unfortunately, the odds against that are quite low.



To: Khris Vogel who wrote (497)4/9/1998 11:23:00 AM
From: JDN  Read Replies (1) | Respond to of 788
 
Dear Khris: Agreed, however I should point out that management in the past has said that individual quarters can easily be misleading as much ships near the end of the quarter and any problems, such as they had this quarter, can mess up the results for that individual qtr. Possibly this will lead to buying opportunities as managements guidance seems to be that they are not concerned about the annual results. JDN


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