WILL COCA-COLA ALWAYS GO UP? Message Board

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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?

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Nov 24 3:59 PM EST

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To: Dulane U. Ponder who wrote (747)	10/25/1997 5:29:00 PM
From: dowman	Read Replies (1) of 1462

Know nothing about layoffs but do know earnings estimates have been declining for months. 1998 was once $2 and now consensus is around $1.80 which would be a less than 10% increase over 1997 expectations. What is a declining growth rate worth? If the stock trades at 20 times the 1998 est. which is twice the expected growth rate I come up with a target of 36 a share

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