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Non-Tech : PEP -- Time to buy?
PEP 146.09-1.0%Oct 31 9:30 AM EST

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To: College Boy who wrote ()1/19/1997 8:57:00 PM
From: leebo  Read Replies (1) of 392
 
College boy, I too believe that PEP is a good buy. S&P's OUTLOOK says they will soon look to spin off their restaurant's, which will bouy the stock. This will let them concentrate on beverages, and getting those beverages more exposure overseas. They have much better products than those other guys-- Coke, is it? Now would be a good time to buy around $30, but if drops down to around $27-28, really load up. Coke has recently broken out of a trading range in the low 50's, and is headed for $65--PEP should be at least $42, even with the restaurants.

Restaurants=Resistance, leebo
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