PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 142.94

+0.9%

Nov 7 3:59 PM EST

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To: College Boy who wrote (10)	1/24/1997 8:58:00 AM
From: JEFFREY R. WILLS	of 392

The stock should trade in the 34-36 range for awhile until the street decides what the fair value really is. I have heard 42-43, but also heard its at fair value right now. This is a stock that if it does goes lower I will be adding to my portfolio as the cash generated from the sale of assets will approve their debt rating, give cash flow to generate new business or possibly use to buy back their own stock. I hope the stock goes down before trading in the 50 range by the end of the year-nice to pick up some more shares.

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