PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 142.85

0.0%

Nov 5 3:59 PM EST

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To: jabba who wrote (194)	7/30/1997 8:37:00 AM
From: Larry Novenstern	of 392

jaaba: Good question! The initial reaction will be very interesting. Does Tricon lose 50% with a major sell-off by long-term PepsiCo believers or does it increase substantially based on the equity of the three brand names (ie. TRIcon)? I'm a long term PepsiCo stockholder and I can't believe that Tricon is being set up to fail! The beauty of PepsiCo was (and will continue to be) diversification. So if, for example, Taco Bell is doing poorly, then KFC anf Pizza Hut can pull them out of the dulldrums! If Tricon "tanks" I'm buying more. It will do fine long-term. They have plenty of PepsiCo executives there and they know what they're doing. They know how to run a business. Happy trading.

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