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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 58.12+0.3%3:59 PM EST
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To: Rob Rob who wrote (1301)4/3/1998 4:57:00 PM
From: Xpiderman   of 6439
 
Philip Morris Cos. (MO) 40 +1/16: tobacco and consumer products concern to raise the price of cigarettes by $0.05 per pack.....

This year is congressional election year, they cannot let people feel the tobacco companies have the upper hands.

So I don't think there will be a deal this year.

But on the other hand, both the White house and the congress need the settlement $$$ to balance the federal budget.

Xy
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