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Non-Tech : Disney(DIS) & Coca-cola(KO)
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To: Peter Longerich who wrote (6)12/9/1996 9:40:00 PM
From: Feraldo   of 71
 
uh no. Mutual funds only own 4% of this company. Coke won't spill.

Overpriced? No. Sales decline 5% and earnings are up 22%. That was due to reducing inventory. Now imagine when they grow sales.

Also, the reason Coke hardly ever goes down more than 10% is that is owned almost completely by individuals. And they all want more. Look at the drops. There are big down days, then all of a sudden the blue chip traders go Hey Coke is down 10%. Buy Buy Buy. And there is hardly anyone wanting to sell. The only selling is from people cashing in IRA's, or dilution of estates. Mutual Funds can't buy this one up.

And that my friends is a summary of the COKE story. Individual's are addicted to Coke.
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