Monday, November 22, 2004

KO

Trader Wizard lays out the case for KO as a long term buy. Among other things, financial postion is strong, its lower priced, both absolutely and relatively, than it has been in years, further weakness in the dollar should help, and there is intriguing word of the new CEO buying $8million of stock at 40.50 on the open market.
I'm interested at 40 or below; below 38.5 I'm backing up the truck.

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