Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.43

+0.5%

2:09 PM EST

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To: Theo Karantsalis who wrote (5055)	11/5/1999 2:44:00 PM
From: sea_biscuit	of 6439

Little MO is a prime candidate to be dropped from the Dow 30 Industrials the next time The Wall Street Journal decides to shuffle that index. That means a ton of money will pour out of that stock as indexers dump it in favor of the company that replaces it. Shows the ignorance of the author. He has to find out how much money are invested in "Diamonds" and the Dow 30 funds as compared to "Spiders" and S&P 500 index funds. Getting out of the Dow is not the same as getting out of the S&P 500 index. "If you had invested $10,000 in Philip Morris in 1999..."

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