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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (31626)	8/27/1998 11:33:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

X, I am drinking a Diet Pepsi as I write this, so I don't totally hate them. With PEP, we have a blue chip growing at a rate that is less than you can earn on T-Bills. They are in competition with one of the greatest cos. in the world, KO, and the scars show. Much of their push has been into third world countries, so growth may even turn negative soon. Offsetting that is the fact that this summer has been very hot. But it is also almost over. The dividend yield is crappy for a non-growth stock. So, I can't see any way in the world that it is worth 24 times eps. Unless one just wants to buy something that will survive, which Pepsi definitely will. Not at this bloated price, IMHO, but 30-40% lower. However, we have to give them credit for trying to save the young boys of America by setting Michael Jackson's hair on fire. <G> Good Luck, MB