Oh, yeah, Coke:
Nah, too expensive. One of the world's great brands but too
many people have noticed that before I did.
Thought you meant Kellogg's of Battle Creek...don't like that
one either.
I still like SBC and maybe NYN at current prices so if they
drop much more, well, SBC is probably the only one I'd consider
betting the house on. IMO, that is THE telco that is currently
poised to outperform with a near certainty, especially now that
the merger with PAC has taken place. Along with SBC's outstanding
management, they now have PAC's outstanding technology and, of
course, their Cellular One brand coupled with PAC's PCS systems
make them one of the major wireless players. SBC has valuable
foreign holdings which are poised to take off in a big way, too.
If you want a conservative stock that looks to be a good growth
stock as well as an attractive dividend stock, check this one
out: SBC Communications, NYSE:SBC, currently trading around
51 or 52 which is down quite a bit because of the interest rate
scares. I wouldn't buy just yet until some of the dust settles
from the market but it's worth a look.
And I still think USS (U S Surgical) looks pretty attractive at
30 or so, down from about 48, and that's only because of the
currency exchange worries. Other than that, it's in a pretty
good growth mode and has a lot of valuable stuff in the
pipeline.
If I were buying today, those are the two I'd select. |
