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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: taxman who wrote (811)12/2/1997 5:42:00 PM
From: Dulane U. Ponder  Read Replies (2) of 1462
 
If coke traded by the numbers it probably wouldn't be where it is now. some stocks seem to have a momentum based on sentiment; coke is one of those stocks that has a tenacious shareholder base which doesn't always respond rationally. On a more rational note, major brokerage has estimated an 18% growth rate for '98. I own a lot of coke and I'm certainly not getting rid of it. 18% is a lot more than the 7 or 8% growth rate predicted by some for the S&P in '98. Are you short?
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