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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: Dulane U. Ponder who wrote (812)12/2/1997 8:45:00 PM
From: taxman  Read Replies (1) of 1462
 
i believe that market price reflects 18% growth. so in that sense it is still trading by the numbers, not just sentiment. in other words the market price is, in my opinion, based upon earnings per share of about $2 in year 1999.

at present i am long the year 2000 $80 leap call which i bought for $4 when stock recently got to 50. with the stock at 64 last month, i sold a jan 98 $65 call for $2.625 because i thought stock would "stall" for a while at $65.

regards
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