PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 143.60

-1.7%

Nov 3 9:30 AM EST

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To: paul gambuto who wrote (252)	9/3/1997 7:21:00 PM
From: Moe Damghani	of 392

To All: Here is some good news that should have a positive impact on Pepsi tomorrow! Wednesday September 3 6:40 PM EDT Company Press Release Source: PepsiCo Pepsi Wins $94 Million Award From Coke Bottler PURCHASE, N.Y., Sept. 3 /PRNewswire/ -- In a landmark judgment by The International Court of Arbitration, PepsiCo has received an award of more than ninety-four-million dollars from the Coca-Cola bottler in Venezuela, an affiliate of the Coca-Cola Company. The $94-million award is compensation for damages suffered by PepsiCo when its long-tie Venezuelan bottler negotiated in secret with Coca-Cola and broke a 45-year business relationship. SOURCE: PepsiCo ------------------------------------------------------------------------ More news for referenced ticker symbols: KO, PEP, and related industries : food/beverages, restaurants.

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