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Non-Tech : McDonalds (MCD)
MCD 309.79-0.4%Dec 8 3:59 PM EST
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To: John O'Neill who wrote (144)7/13/1998 9:59:00 AM
From: Investor2   of 288
 
RE: "Does anyone have an idea why MCD hs risen from ~$40 to ~$74 per share since January?"

My guess is that MCD was grossly undervalued, when compared to other large cap U.S. companies. The P/E is still lower than other big-brand-name companies such as Coke, Colgate, Rubbermaid, etc.

Best wishes,

I2
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