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.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ellis Morris who wrote (19417)	5/8/1998 3:06:00 PM
From: Ann Janssen	Read Replies (2) \| Respond to of 27012

Good Afternoon Frank, I didn't know if you saw this from briefing this morning. Come on give me a break. Who's next is Pooh Going to sue Mickey Now. <gg> Around here Pepsi is PAYING restaurants and bars to carry Pepsi. We had a discussion about this at lunch. When I want a rum and coke I want a rum and coke. Not a rum and Pepsi, YUCK!! We just got new vending machines in the break room. Guess who they are owned by??? We have a couple of Coke and Diet Coke choices the rest is all Pepsi. The first day we ran out of Coke products. Hey it's up to the owner of the restaurants to know what their patrons want and it's not PEPSI. Sorry If I'm Whinning, you know how I dislike that. <gg> Have a great weekend. Ann P.S. Sorry If I offended any PEPSI drinkers or stockholders out there but these antitrust suits are getting a bit out of hand. From Briefing.com PEPSICO INC. (PEP) 37 7/8 CLOSED. The soft drink battle is expected to kick into high gear as this beverage company is suing Coca-Cola Co. (KO 75 11/16) for preventing independent food service distributors from carrying Pepsi products. In its antitrust claim, Pepsi charges that Coke through its arrangements with distributors is engaging in a "willful maintenance of its monopoly power" in the fountain-dispensed market. According to the suit, by preventing Pepsi from having access to fountain-dispensed distributors through the threat of removing Coke products from distributors, restaurant chains and movie theaters have no choice but to deal with Coca-Cola, which hurts consumers by eliminating price competition. According to industry statistics, fountain sales account for about 27% of total soft drink sales. Coke is said to have a 65% share of this market, while Pepsi enjoys no more than 25% of the fountain-dispense market. This suit appears to be an attempt by Pepsi to slow the sales lead that Coke has enjoyed in this segment of the market, particularly while Pepsi owned Pizza Hut, Taco Bell and KFC, which made it easy for Coca-Cola to convince independent restaurant owners that through this ownership, Pepsi had become their competitor. The suit is likely to drag through the legal system before some type of out of court settlement is reached.