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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Grandk who wrote (51035)	12/24/2000 5:14:46 PM
From: wsringeorgia	Read Replies (1) \| Respond to of 436258

Jason, with KO in addition to the lack of earnings growth there is the "quality of earnings" issue in that lots of KO's "earnings" in the 90's were actually proceeds from the sale of bottlers and other real estate (one time events) and not from the sale of syrup. My family has owned KO for 50 years but we hold almost none now. It has amazed me how well the share price has held up in the face of all this; maybe its a lesson in the power of the banking industry to keep the price of one of their "pets" afloat if they choose. It seems to me that KO is MUCH more overpriced than say INTC or MSFT. WSR