PEP -- Time to buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : PEP -- Time to buy?

PEP 142.94

+0.9%

Nov 7 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Brother who wrote (35)	2/6/1997 4:03:00 PM
From: Mark	of 392

Hello; To respond to your request on the other thread, here's what I heard. Let me preface by saying that the source is fairly reliable, but the timeframe is usually a bit optimistic. Anyway, the spinoff should happen by the end of the quarter. That's at the end of march. This should let the street value PEP at what it's worth as a beverage company. The numbers being whispered in my ear are 36 - 38 for PEP and 7.50 - 9 for the restaurant business' (I like to call them the fast food business', but I guess no one else does). In higher mathematics this equals a price on the current PEP of between 43.50 and 47. Right now, I'll take it. I believe the strategy in this scenerio would be to sell the food business spinoff, but I have to see who runs it. The other rumor is that someone from Phillip Morris may be running it. The question is who. BTW - I'm also hearing that PEP still won't pay the exhorbatant price for Gatorade and Snapple. But this could change if Quaker has some more poor quarters. They will be forced to lower the price. Then PEP would be interested. I'll post with more later. Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next