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Non-Tech : PEP -- Time to buy?

PEP 141.60

-0.9%

Nov 6 3:59 PM EST

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To: paul gambuto who wrote (93)	4/23/1997 5:29:00 PM
From: Mohan Marette	of 392

Hi Paul and All, Here is an interesting bit of information. Recently I saw an article in a finacial paper from India.It is about the market share for soft drinks for various companies. Pepsi =+26% Coke =+13% As you can see Pepsi is leading Coke by a wide margin. I am sure this is the case in Russia as well,since Pepsi has been there even before the collapse of communism,when they were Soviet Union.I heard Pepsico was using the barter system with the Soviets then,as there were severe restrictions on currency.For example PepsiCo was bartering Concentrates for Vodka, I am sure things have changed now.I dont know the size of these markets in dollars terms, but since these emerging countries are the ones who are growing their GDP in excess of +7% or more,eventually we will see the benefits.

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