Saturday, February 24, 2007

Dont' drink the Coke (CCE)


I currently don't recommend this stock but i would start looking at around $15. I believe with the hit CCE is going to take for the 2.6 billion dollar restructuring charge, the price will drop due to lack of investor (mutual funds) confidence. This is a "workhorse" of stock. Management has been slow to adjust to the changing beverage market, but has started to catch up, with the purchase of Fuze and Arizona tea company. RECOMMENDED BUY AT $15-$16 RANGE. Email if you want more details.

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