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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (6258)	8/24/1998 3:13:00 PM
From: Hardline	Respond to of 34811

<Can you tell us the FA reason for purchasing coke?> Well not me start by stating that KO never looks good from a ratio analysis. Also KO is not one of our more exciting stocks that we track, but here are the reasons Mrs. Hardline likes : 1. Narrow range of analysis EPS estimates 2. Of the 17 analysts, 7 have it rated as a Hold and 6 Moderate Buy allowing excellent upgrade potential (ususally after it makes a run). 3. This is more of a defensive play then offensive. But Dow stocks will generally recover before the rest of the market after a correction. We do not want to take too much money off the table just in case of a quick reversal. Over $50 billion on the sidelines. 4. KO is one of the least exposed Dow stocks from Asian Flu. International but not a product that people will stop or reduce usage. 5. We are very bullish on the market as we see interest rates falling before the end of the year. I know you may think I am nuts but I expect the Dow to be in the high 9000 by end of year. Hardline PS - KO will not be in one of my contest picks.