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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.97+0.1%11:01 AM EST

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To: Sol Rosenburg who wrote (496)7/19/1997 1:44:00 AM
From: Music Man   of 1462
 
Why is it that I saw millions of dollars going into coke the last few days? I saw a buy for 50,000 shares and quite a few for 25K
and the market makers did not move the stock. Obviously that is because of options expiration today. I do not care if this stock is on the NYSE I see this action all the time.

Wall Street Edge on Prodigy is saying to buy the August 70 calls so I did. That was yesterday and there was a lot of action on them.
I figure even if this stock has a very high PE the investors out there are looking for "safe stocks" with dividends and they seem to keep buying the over-priced stocks. Only time will tell if I did the right thing. I love coca-cola.I like the size of the buys I saw
This should be interesting. Things go better with......I hope!

Harbor
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