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

To: Bill Zeman who wrote (6000)	2/9/1999 9:02:00 AM
From: cfimx	Respond to of 78464

Charlie, KO has been heavily bought in the last two weeks, driving the stock up from $54 to $61 and change today. I suppose that with some technical systems, that might make KO overbought. However, my common sense tells me that is is still low because it based between $52 and $59 for 6 weeks before it made a new low in its drop to $43, an it popped back up to the recent level so quick and now has based between $52 and $59 again for a couple of weeks. Charlie, I see the recent move up from $42 as a correction of a ridiculously low price rather than over-buying. Besides, it is still slightly over 19.26 pb (Yahoo). Yes, I have been spending more time online Charlie. Charlie!! KO is moving up now! That's what the technicals say, right? If you wait too long to buy KO Charlie, it won't be a value stock anymore. And WE hate it when THAT HAPPENS.