i'm surprised coke isn't down more on this huge miss (.67 vs. 1.14 estimates). with around $2/share in earnings for the year, coke looks awfully expensive in the 50s.
maybe the news hasn't sunk in yet - i expect much more than the current one point drop.
i'll look to get back in if coke gets back to the low 40s over the coming weeks. if they're only going to make $2/share with a $1/share dividend, then it should be comparable to ko's price (around 40) imho.