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Non-Tech : Pepsi -- Gotta Have It?
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To: Mark who wrote (15)2/3/1997 2:21:00 PM
From: Michael Collins   of 27
 
FOLKS: Could you all please explain to me why Pepsi is trading at a
PE of over 40????? Is the company realistically gonna grow at
anywhere near this rate over the next few years (or ever?)? Not just
trying to pick on Pepsi because Coca-Cola is the same way along
with many of the other so called blue chips (Gillette - PE over 40??).
What appears to be a safe haven when the market heads south may
actually be THE reason the market heads south. Any comments?

Sincerely,

Michael Collins
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