SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (12751)12/8/1997 12:48:00 PM
From: Scott Brooks  Read Replies (1) | Respond to of 70976
 
<OFF TOPIC>

Actually it wasn't that interesting. The talking heads on CNBC were poking at the fact that KO's top line growth is pretty pokey and intimated that since they are a quality co. that has pretty much wrung all of the possible earnings out of available revs, in the coming Qs earnings growth could be difficult to come by.

The conversation was started with a neutral rating with a price target (which is still awfully high for a co that sells brown water) below current value.

In short, nothing new but it is nice to see someone else (guest analyst & major brokerage house) validating the theory that KO is at an extreme multiple when the major drivers of technological advancement are getting crapped on. Small moral victories are still victories.

Scott