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Strategies & Market Trends : Bear!
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To: White Shoes who wrote (76)5/21/1998 9:33:00 PM
From: Bonnie Bear   of 271
 
re valuing Coke like a bond---
there's some analysts who look at interest rates like entrophy in the universe...they can only wind down and down and down. So if an analyst is looking at 3.5% interest rates in 2000 and zero or negative inflation, then they can ignore reality and keep propping the price up based on the value of their bond holdings.
um, te value of Coke is like, er, coke... the analysts must be on drugs.
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