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Non-Tech : General Cigar Holdings (MPP)

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To: mr.bill who wrote (38)3/1/1998 9:02:00 AM
From: Starbase4.0  Read Replies (1) of 75
 
Trouble ahead for MPP in my opinion. The Surgeon Generals's report on the health effects of smoking cigars will be very bad news for General Cigar.

Although the stock is "cheap", there is a good reason. Please read the Barron's article and I think you will agree this is "dead money" after the report is issued (15 Mar ?).

I would not buy this stock. Now is a sucker's rally before the report. It will go below $10.00 after that.

Cigars are nasty, smelly, and kill you. Is that really something you want to invest in? People will stop smoking them soon and the industry will be very regulated after that.

Cigars WERE a fad. Concentrate on high tech stocks with some future growth potential.
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