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To: Don Green who wrote (10742)11/30/1998 7:24:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
>>It isn't about Fair Value

It all about Perception..3 digits

OK, so is PE of 100 your threshold (over 3 digits)? You said PE matters, so you must use some formula or decision making process to decide "this PE is currently too high"...No?

Also, it isn't about fair value? PE is one measurement used to determine current fair value. No?

Is KO fairly valued at PE 48 with flat earnings growth?

MH