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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.56-0.6%Nov 24 3:59 PM EST
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To: BAXTERBOO who wrote (761)10/29/1997 3:07:00 PM
From: Dulane U. Ponder   of 1462
 
james, this is old news (2 weeks) but morgan stanley does have a $70 1997 price target on coke. they also foresee 17% growth over the next 5 years. I don't think coke will hit 70 -- still think maybe 65. I've already sold all the coke i planned on for this year. i guess if it hit 120 by year end i'd sell more (like anybody else probably). don't think ivestor would be running coke today if he planned any new departures while the old tricks are still working.
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