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


To: yard_man who wrote (1152)7/14/1998 4:03:00 PM
From: Ming  Respond to of 1462
 
Most people will not exit at the first sign of trouble. A disappointing earnings can knock off some 10% of the stock. People will not regard this as a sign of trouble: it's an opportunity for them, and the buy-on -the-dip mentality takes over. My feeling is that Coca-Cola will go down the same path as Nike, Eastman Kodak, and other consumer product companies who have been slammed by Asia, with stock prices to match. The stock has more to go on the upside(Maybe even $100), given the current rally and the hot summer we're experiencing, but after that, look out below....