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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 71.16+0.1%Nov 14 9:30 AM EST

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To: Brian Malloy who wrote (1079)6/3/1998 9:05:00 AM
From: John O'Neill  Read Replies (1) of 1462
 
Brian..I appreciate your reply to my post on Coke. I'll check out their website.

I'm not bearish on KO for the long term, but I do see a correction in the blue chips coming. It's possible there will be a "ralley" in the tech stocks causing a temporary flow of money from "safe haven" stocks like GE, PG & KO back into that area. After this, a general correction could bring the Dow down 15% or so.

I would not be surprised to see an excellent annual report with a lot of potential for Coke. That's, no doubt, why it's selling for $80/shr. At some point I expect the small/mid cap stocks to outperform the Dow.
The rest of my portfolio is long in this arena.

Good investing to all...

JO
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