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Non-Tech : CCE (Coca Cola Enterprises): May 1, 1997=3:1 Split impact
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To: BAXTERBOO who wrote (2)4/4/1997 7:41:00 PM
From: Jerry Miller   of 101
 
...these guys had some dubious first quarter news a couple of days ago,
and the price fell a couple of points. but the p/e is still around 70.
even though it's announced a rare 3 for 1 split, how can i reconcile such
a price, to earnings ?
is 70 to 73 insane ? or is it just plane worth it ?

J.
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