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Non-Tech : RJR NABISCO (RN) WILL IT SURVIVE?
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To: Jim Lou who wrote (4)4/10/1998 10:27:00 PM
From: thomas hayden  Read Replies (1) of 26
 
No doubt about it RN is very cheap right now. I think below thirty you have a good trade as it bounces back to 35 or so. I believe there is too much fear in the stock for it to go to far. If they should ever get off the hook, RN would fly. It has basically not perticipated in the last 5 years of the market. They have sales per share of 56.50. or a price to sales ratio of .6. If the negative circumstances were not surrounding RJR this company would be at 100.

We are also trading at 8 -9 times next years earnings.
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