WILL COCA-COLA ALWAYS GO UP? Message Board

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

KO 72.98

+2.5%

Nov 21 9:30 AM EST

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To: Terence Mitchell who wrote (780)	11/10/1997 11:04:00 PM
From: Simon Econovich	Read Replies (1) of 1462

I don't have a simple "I don't like coke" message. The gist of it is from the insane overvaluation (my 767): "At $25 a share KO would be selling at 15 times FY 1997 earnings which assumes they will make the numbers this quarter (last quarter ends this month). Sales have grown (historically) at 9%. EPS has historically grown at 19%, but most analysts expect FY98 earnings to grow at 8%. The upshod is that KO can't cut costs and become more efficient anymore (they've already done that). Yah, I'm sure the so called "crisis" in Asia will have no affect on KO's stunning 9% sales growth ... baaaawahahahahahahah." And a chart which is ready to COLLAPSE. Get out while you can.

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