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Non-Tech : Disney(DIS) & Coca-cola(KO)
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To: Michael Collins who wrote (17)2/5/1997 6:38:00 AM
From: Jim Cash   of 71
 
Coke's EPS may be growing at a 15-20 % but that is only due to some slick accounting. Look at their revenue's are growing at a dismal 3 %. Pepsi had growth of 4 %. They are carrying a PE of a high growth High Tech company like Microsoft or INTEL. Now with all the spending on investments, KO will have more numbers to play with so they can continue to "show" good EPS growth. The bottom line is they are not showing revenue growth. What will happen is one day they will run out of numbers to "play with" or a brokerage house will have the nads to call them on what they are doing. A Panic will set in and the picture will be bloody and ugly. I'm out.
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