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

To: Doug who wrote (564)	6/8/1998 10:58:00 AM
From: Scott Schmitz	Read Replies (3) \| Respond to of 788

COHR is a solid company in a growth industry. The bad news is not fundamental and as such provides a buying opportunity for stockholders looking to own this company for the long haul (5+ years). There have been a few quarters of missed numbers and I would expect that the momentum and growth players will dump and eventually value players will pick it up once it has bottomed out. Wouldn't be suprised to see this stock lose 30%-50% of it's value over the next 3 months. I believe $19 is a pretty good price to get in, but will be happy to pick some up at $15 instead.