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


To: JDN who wrote (556)6/8/1998 10:13:00 AM
From: Doug  Read Replies (1) | Respond to of 788
 
JDN: Critical mass is missing. The Mgmt team are not aggressive enough to improve revenues/income by expansion. They tried splitting the stock , that did not help. The stock has and will continue with its low P/E. They need to establish growth and that they are unable to do.

Shareholder value can now only improve if they break up the divisions and sell them one at a time. I am sure one of the leading Bankers such as Morgan Stanley will be able to find a Buyer.