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Non-Tech : Disney(DIS) & Coca-cola(KO)

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To: Peter Longerich who wrote (11)12/28/1996 12:34:00 PM
From: Feraldo   of 71
 
The thing you have to realize on Coke is that there are thousands and thousands of investors worldwide that want a share of this stock. It is one of the best growth stocks in the history of this market. It continues to poor out earnings. What many people do not realize is that last qtr's earnings were hurt, because they reduced inventory, and did not ship as much. This next qtr ought to be a killer of a qtr.
Also realize that the five year PE low is 21. That means that this stock is just extended right now. It will seem reasonable when earnings are reported next time, and everyone will buy, like it always has done.
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