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To: MythMan who wrote (9266)10/22/1998 4:11:00 PM
From: yard_man  Respond to of 86076
 
Yeah, but earnings and guidance wasn't so great -- all other things being equal. I should have shorted KO, too.



To: MythMan who wrote (9266)10/22/1998 4:18:00 PM
From: yard_man  Read Replies (2) | Respond to of 86076
 
Whoops earnings out today -- guess I should have looked a little closer, but heck only 2% growth in revenues?

>>The results beat the 77 cent per share average that analysts surveyed by First Call Corp. had expected. In midday trdaing on the New York Stock Exchange,
Procter & Gamble was up 31 1/4 cents a share at $84.12 1/2.

Worldwide net sales were $9.5 billion, a 2 percent increase from last year's $9.35 billion. <<



To: MythMan who wrote (9266)10/22/1998 4:30:00 PM
From: yard_man  Respond to of 86076
 
PG's revs only rise 2% and that's great, but XRX's rise by 5% and that ain't so good. I think they just look at which way the stock goes and then frame the article to sound like they have it all figured out.