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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (4825)	6/30/1999 2:48:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 12475

<<Well, if your point was that I totally agreed with you then but have changed my opinion now, you are wrong. >> Either you have forgotten what you said or bluffing. Here is exactly what you said. <<I agree with your point about Brinker's comments on KO. The stock is definitely over-valued but as I see it, KO will definitely not reach fair valuation (i.e. suffer a decline of 50%) unless the market as a whole tanks significantly, say by 30% or so. If KO's overvaluation is based on the "Greater Fool" theory, the same is true about the whole market too, which, as you rightly commented, is liquidity-driven, not fundamental-driven. >> #reply-3770917