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Pepsico, Inc. Message Board

  • zzman_ zzman_ Dec 17, 1997 12:10 AM Flag

    Downgrade

    I have heard second hand that the downgrade by DLJ was the
    result of an officer of PEP "pre-announcing" the expectation
    of lower than expected earnings for next quarter and next
    year. I have not seen anything written on this. I would like
    to put some more money into PEP, but I would like to read
    this if it is true.

    If anyone has a reference to any type of announcement like
    this from PEP, please post it on this board. Thank-you.

 
PEP
90.87-0.78(-0.85%)Sep 12 4:00 PMEDT

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