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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (66)8/31/1998 4:25:00 PM
From: Michael Berkel   of 43080
 
Coke dropped like a bomb today!! And folks this is only the beginning. It is time for the reality check: investors are beginning to let the air escape. Why holding on to a company with hardly no growth and a 50x price earnings valuation? Sell it today and if you really want to possess Coke in your portfolio, buy it back when you can get it at 20
times earnings.
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