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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (2274)12/2/1997 6:16:00 PM
From: sea_biscuit   of 42834
 
A woman in another thread said KO is worth 50 x earnings for the simple reason is that is what it takes to get someone else to sell a share to you.

I guess she will eventually have to justify that KO is worth 16 times earnings for the simple reason that that is what it takes to get someone else to buy that stock from her!

Btw, I have taken a bet with one of my friends that over the next 10 years, i.e. 1998-2007, MSFT will underperform the overall market as measured by the S&P 500. If I lose the bet, I will have to buy him a share of Microsoft and if he loses, he will buy me a share of SPDR (SPY) :-)
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