Cable Car Beverage (DRNK) Message Board

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Non-Tech : Cable Car Beverage (DRNK)

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To: Laura Marie Ibsen who wrote (39)	3/26/1997 9:21:00 PM
From: MKEL	of 284

Laura, I'm no stock expert, however with a historical beta average of around 2.00 I believe it is reaction to the market at present. This is an excellent long term stock with good annual growth every year since 1993. The long term distribution agreement (news Mar 5 ) won't impact any of the numbers for probably another 2 to 3 quarters. Earnings less than estimate, won't bother me because the company has excellent management which is looking at future growth and not just the next quarter. They have made some very good moves lately and that will have an impact in late 97 and 98...and so on. There are other stocks out there that will probably give you a faster return, however if you are looking for a good safety/growth factor, this is a good bet. I intend to increase my position but I also think that it will go down a bit more, so I intend to watch for now. This is just my opinion...Research it and see what you think. M. ps...I enjoy stocks that have a product everyone likes.

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