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Non-Tech : McDonalds (MCD)
MCD 309.79-0.4%3:59 PM EST
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To: Fredric D. Bellamy who wrote (22)10/21/1997 12:31:00 AM
From: james paterson  Read Replies (1) of 288
 
I just bought MCD today after the upgrade. I think most of the negative news is out e.g. the $ is probably not going much higher from here, but could turn down a significant amount in the medium term. If we end up with deflation a lot of people will cut back on discretionary spending but will still be able to afford MCD. Any comments opinions?

James
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