PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 142.92

-0.5%

Nov 4 3:59 PM EST

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To: AARON DIDICH who wrote (229)	8/24/1997 9:13:00 PM
From: Larry Novenstern	of 392

Aaron: I've held PepsiCo stock for 11 years and have been through 3/1 and 2/1 splits. I've also sat back the last year or so and watched the stock do nothing while Coke kicked ass! This was mainly due to poor overseas planning and a major loss of an important bottler in Venuzuala. I'm sure there are other factors(private lable, new wave beverages, etc.) I did not mention. Diversification was great for PepsiCo 15 years ago, but times have changed. As a streamlined company comprised of just Pepsi & Frito-Lay, the new PepsiCo should run up to 60 in the not to distant future. Pepsi has a new attitude around the world and Frito-Lay is one of the best run companies in the world with no REAL competition!

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