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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (5451)	3/24/1998 4:51:00 PM
From: Lazlo Pierce	Read Replies (2) \| Respond to of 18691

<BAY, CS, QNTM, DIS, etc all came out with bad #'s and still went higher.>> Lets not forget KO. Analyst CUT their estimates (nice way of warning without it seeming to be one) yesterday for KO .09 this year and .08 next year, They will earn LESS this year than last, yet the market gives them a 60 P/E. 1.32 for year, selling at 76, and the growth rate is ~ 7%. I don't get it. In that case why don't we bid it up to a 70 P/E (I shouldn't talk, they probably will). Dave