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Non-Tech : Pepsi -- Gotta Have It?

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To: Jim Fisher who wrote (18)2/24/1997 5:42:00 PM
From: Joe Steele   of 27
 
Pepsi seems to be in a state of limbo right now. The PE is 48 which is quite high. When the market slows down, pepsi will drop. However, if Pepsi can turn around its operations, which is what I am hoping for then i see Pepsi going into the 40's. But I think that many people think Pepsi will get its act together and this is why it is overvauled. I went in at 28.25 so I am doing okay. I would wait till Pepsi goes below 33 and then you might to think about it...
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