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Strategies & Market Trends : Panamerican Beverages PB -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Mikey who wrote (10)8/23/1998 8:25:00 AM
From: Holger Johannsen  Respond to of 11
 
Hi Mikey,
I felt like the last shareholder of PB last week. Two days in a row minus 10% and unfortunately I'm in at another Latin American stock UBB. Both look very good to me at these levels. I doubt Latin America will go the same way as Asia since apart from Venezuela and Columbia all the economies look quite good.
If not now I wonder when to pick up some great companies in this area. PB is a fine company and their growth potential is amazing. People tend to forget where all the growth at KO is coming from.
Anyway, right now investors (or traders) dump their shares in emerging markets first and ask questions later. This is not the way to make money.
I'm sure we'll be well rewarded over the long term by holding on to PB.
I just wish more people would visit this board.

Holger

P.S. I like the "100-meter-rule" as well.