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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sabrejet who wrote (17772)6/13/2001 1:45:55 PM
From: Alex MG  Respond to of 30051
 
"The food industry, where Kraft competes with giants like Nestle and Kellogg, is growing at about 1% a year in the U.S. and 1.3% world-wide. At current levels, Kraft is priced at more than 30 times last year's net income"

Let the big boys dump there shares first, worry about valuations later.



To: Sabrejet who wrote (17772)6/13/2001 3:25:47 PM
From: Rich1  Read Replies (1) | Respond to of 30051
 
Only cause it was priced at $31..