Pepsi -- Gotta Have It? Message Board

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Non-Tech : Pepsi -- Gotta Have It?

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To: JERRY GACH who wrote (10)	11/17/1996 12:12:00 AM
From: Alex B	of 27

FYI: PEP's beverage sales in Lat. America brings approximtaley 8% of total revenue. It's all a matter of the right perception. All recent hype about Pepsi's losses in the region are really about their problems in 1/12 of their total income. And from the recent announcements, we can see that they are effectively working to correct the problem. I don't know what would the stock do next week and two weeks after that, because if I knew, I would have made much more money than ever. However, the chart shows that the stock is in uptrend movement, and the next resistance level will be in the area of $34. Most brokerage houses have their target price in the $36-38 range. I wish everyone good luck!

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