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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (15435)	7/24/1998 8:39:00 AM
From: Susan Saline	Respond to of 53068

>>>PEP - very interesting announcements, first buying Tropicana for 3.3 b, then hinted yest at spinning of bottling operation to increase shareholder value and fund large buyback. look for quick snapback in this oversold stock. PEP ... I am looking for entry for swing trade, several weeks, several points. PEP past chart does show a tendency for quick snap backs on dips, and the last few days has made for a tasty position here. CNBC says PEP is trading up pre-market. I would not chase it on a large gap up, as I would wait till around 10 for intraday dip ... I would look for earlier entry on a small gap up ... will post entry if affordable. For a long term hold (target 60, then split <bg>) any entry today should be very good. Daily potential of 1 to 2 dollars for day trade Sue