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


To: Doug who wrote (601)7/24/1998 4:47:00 PM
From: JDN  Read Replies (1) | Respond to of 788
 
Dear Doug and thomas: What I am trying to figure out is how such a highly respected laser manufacturer went to hell in a handbasket so quickly. Also, why were we not warned? Seems to me they must have known at least by 7/5 or whenever they fired the President of Medical Group. A miss of this magnitude (.29 expected (.07) loss) is beyond anything responsable management can miss seeing in advance. I bet next comes the Class Action lawsuits. JDN ps: What is the channel stuffing you are talking about?