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

To: joao bilt who wrote (1250)9/23/1998 6:19:00 AM
From: dowman  Respond to of 1462
 
Rather simple really. The companies earnings are not growing. 1997 to 1999 will probably show flat results, yet the stock reached the highest p/e in history. Fair value right now is in the forties...



To: joao bilt who wrote (1250)9/24/1998 7:18:00 AM
From: dowman  Read Replies (1) | Respond to of 1462
 
This mornings NY Times has a major story about a "hastily" called meeting Thursday in NY to update wall street on earnings. Most likely this will be the sound of "the other shoe dropping". Stock likely to have a very poor day today regardless of the market. The journey from over valued to under valued will be very painfull


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