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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (386)9/26/1998 11:23:00 PM
From: James Clarke  Read Replies (2) | Respond to of 4691
 
What is CYOE? I would come in before you on KO. Conventional wisdom says its going to bottom in the low 50s, so I won't buy until those buyers get torched. I am thinking 38-40, which would be a similar multiple to where Buffett added in 1994. If it gets there, I'll be happy, and if it does indeed bottom here and I miss it, I'm no poorer.

Jim