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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 71.80+0.2%10:15 AM EST

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To: dowman who wrote (1238)9/24/1998 5:14:00 PM
From: BAXTERBOO  Read Replies (2) of 1462
 
To: +Jan Garrity Allen (1237 )
From: +dowman Wednesday, Sep 2 1998 4:41PM ET
Reply # of 1257

Look for Ko to break the 52 week low of 50 by Oct. This stock will trade towards a p/e of slightly over 20 times on a forward basis, or fair value in the low 40's.

Looks like it maybe sooner than that.......been always long on Ko, being in thier DRIP....will always be long VIA the DRIP....but did pick up some Oct puts of 50 strike today. Methinks at shot at 48 1/2 maybe in the works by Monday AM. Things have been going along to good for too long...but as the WSJ said today 5 years from today and it won't make a difference.
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