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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 73.12+0.3%12:59 PM EST

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To: Yaacov who wrote (463)7/11/1997 4:53:00 PM
From: Charles P. Hubbard   of 1462
 
Y
Before KO can split at 85, it has to reach 85. It has been putting in a rather weak performance lately in spite of the Dow rally. My guess is that it has topped out for awhile and will fall hard in any correction. The earnings growth rate of 16% does not justify the recent run up in this stock. All parties have to come to an end, at least for a rest.
FYI , I own puts on KO.
Regards,
Charles
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