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

To: Bob Linhart who wrote (1324)12/13/1998 5:20:00 PM
From: Curtis Frazier  Read Replies (1) | Respond to of 1462
 
If you believe Coca-Cola is overvalued why did you cover your short position? I'm just wondering. I believe you. I think it's overvalued too, but I'm in this stock for the long haul (about 35 more years at the least). With a P/E of 44 and earning momentum slowing down, this stock may base for a while, but I'll take the opportunity to put more money in the stock via the DRIP program.


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