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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: Orwell who wrote (825)12/19/1997 3:29:00 PM
From: taxman  Read Replies (1) of 1462
 
"Coke seems to defy gravity"

maybe--but to correct my earlier post:

coke realized .23 cents per share from sale of bottlers this year.ÿ thus operating earnings, not including profit from bottler sales, will grow from approx 1.47 (1.70, current 1997 estimate, less .23) in 1997 to about 1.75 in 1998, a 19% increase. and there is still east central europe, china, india and the middle east for future growth.
that is still 37 times 98 estimate, but coke's growth is far higher than the 5% growth number some have been citing.

also see biz.yahoo.com
for more on coke's growth.

ÿ
regards.
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