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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1261)	2/15/1999 10:45:00 AM
From: Freedom Fighter	Read Replies (2) \| Respond to of 1722

Porc, >>This week in Barron's, a letter writer, in criticizing the notion that well known consumer companies are sure-bet investments, asserts that Pepsi, Quaker Oats, and Wrigley's have each gone bankrupt 3 times!<< I am still trying to catch my breath about that one. I don't know the answer but I have data going back 35 years so it didn't happen recently. My guess is that if it is true it happen before they had any real quality brand to begin with or because they had leveraged themselves to death. Wayne