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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.95+0.1%12:41 PM EST

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To: Charles P. Hubbard who wrote (466)7/12/1997 1:49:00 AM
From: Yaacov   of 1462
 
Charles,

If you remmber, a couple of years back, KO was stuck at 40's for a very long time. You maybe right, but I have learned over years that
anything is possible in the market and we can't draw conclusions
by the earning grouth of 16% any high PE. It all depends on the
sentiment of investors and the state of US economy. If interest
rates are increased and the HiTech sector is unable to match previous
quarters grouth, or if we have the threat of inflation then you will
see how everyone will flock to KO! You may, then, own a few calls! However, as Germans say, "Lets praise the day when the night comes."
I count my chickens in December!

Good luck

Yaacov
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