Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP? -- Ignore unavailable to you. Want to Upgrade?

To: Simon Econovich who wrote (765)	11/7/1997 7:04:00 PM
From: Terence Mitchell	Read Replies (1) \| Respond to of 1462

Hi Simon, Even with half a brain, Warren would outclass all us Internet investment guru's. I only wish I'd known about him 30 years ago. regards, Terence Mitchell PS I recently bought KO for our grandchildren, what do you think they might be worth, lets say 20 years from now,? because thats the only value that matters to me (and Warren by the way) not todays or next months price.

To: Simon Econovich who wrote (765)	11/7/1997 8:44:00 PM
From: Keith Fauci	Read Replies (1) \| Respond to of 1462

Have you ever heard of an extended product line which includes things like Minute-Maid, Poweraid ect or a stock repurchase program? You have got to be kidding if you think a market down turn in Asia or Latin America will stop someone from buying a $.50 Coca-Cola. Price elasticity! Their is no way on this earth that Coke will ever see $25 unless it splits. But then again that is what makes markets, your opinion and mine.

To: Simon Econovich who wrote (765)	11/8/1997 6:43:00 PM
From: Thomas Klein	Read Replies (1) \| Respond to of 1462

This is a supply and demand game. It may seem unfair to you that a stock like KO does sell at a premium. You overlook the most obvious reason that any stock goes up in price, which is indeed DEMAND. This demand is driven by both mutual funds and KO itself. Index funds are growing fast, look at the billions invested with Vanguard alone. These funds must own KO, this is a huge demand to fill. Moreover, you make light of the share repurchase program, KO has been very big buyer, and will continue to be. Warren, mutuals, KO, and many individual investors, are not selling, however, many buyers remain, to buy and sell a shrinking supply of KO stock. Remember, people like you who have shorted KO, must at some point buy the stock back to cover their position. When you get caught in the short squeeze, you will no doubt wish you had picked a stock that was truely a "dog". Shorting stocks is a very, very, risky way to make money in general. This too shall pass.