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Non-Tech : PEP -- Time to buy?
PEP 142.59-0.2%11:27 AM EST

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To: Kelly Sheppard who wrote (186)7/29/1997 1:12:00 PM
From: caricom   of 392
 
Kelly,

Sorry, I can't help you with regard to options. I attempted to learn
about calls, puts, leaps, etc., at one time, but decided I'd have to
quit my regular job to keep up. So my stock investment stategy is the
basic "buy & hold". Pepsico is both my largest and longest held position, and has treated me very nicely over the past ten years.

I am real excited about Pepsico's future after the spinoff, even more
so if they are able to shed the bottling division. However, can't get too pumped over the prospects of Tricon. The domestic restaurant business is extremely overbuilt and competetive, and to date I haven't been too impressed with Pepsico's international restaurant operations.

I have also been following the Motley Fool series on spin-offs and find it most informative. Good luck and happy investing.

Caricom
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