WILL COCA-COLA ALWAYS GO UP? Message Board

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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?

KO 70.52

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Nov 10 3:59 PM EST

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To: Paul Shread who wrote (1282)	11/15/1998 9:20:00 PM
From: John O'Neill	of 1462

<<Any particular reason KO is still overvalued by 100%? >> Overvalued stocks often become more overvalued. It's interesting that KO dropped more abruptly than other nifty fifty stocks but hasn't recovered as well. PG, for example, dropped like a rock, but is right back up there. Maybe the fact that Buffet was using KO for "currency" to buy General Re might be involved in KO's price action. Buffet was, in effect, selling KO to make his acquisition instead of his usual style of using cash. He KNEW it was overvalued and chose that path..clever guy. I'm looking for a price to short KO for a short term gain, but haven't been able to psyche out this market for timing..... Ideas? anyone

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