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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (31206)6/22/2008 7:34:26 PM
From: Paul Senior  Read Replies (1) of 78747
 
For [t]DPS[/t], I've decided I'll up my shares a bit, and have placed an order at under $24/sh. Given the diversity of brands, the company's expansion plans, and the current p/e (under 12), etc., stock price seems okay for a conservative kinda ltb&h.
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Price of liter soda in my grocery stores has really gone up in past year. 89c-$1.10 was very common last year at this time. Now there's nothing under $1.25. I've cut back my consumption. As stockholder, if I'm typical of other consumers, that might not be a good sign at all for DPS.
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