WILL COCA-COLA ALWAYS GO UP? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?

KO 71.09

-0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian Malloy who wrote (1079)	6/3/1998 12:22:00 AM
From: John O'Neill	Read Replies (2) of 1462

Brian.. Well so far I'm stuck 11/16 on my short of KO. I don't see a lot of homework which needed to be done. Coke's dividend at 0.8 % is not safe haven stuff to me. The current P/E is WAY above it's annual growth rate. I think it's a good short hedge. I'm long my other stocks, and KO shouldn't have too much upside potential. On the other hand, it could easily correct to to $60-62 area. I also see some antitrust action..I know Coke is not willing to supply some who carry Pepsi..that's un-American and besides Pepsi tastes better. The "trigger" was still just a gut feeling. JO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next