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 58.42

-0.7%

Dec 3 3:59 PM EST

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To: Racso who wrote (4037)	6/25/1999 4:02:00 PM
From: Theo Karantsalis	Read Replies (1) of 6439

"Philip Morris Cos., the world's largest tobacco company, on Monday will give investors their first close-up glimpse at its operations and outlook in more than four years, after being quieted by smoking-related lawsuits and settlement talks." Racso, this will be very interesting. The timing could be construed as questionable, yet the intention is to address the much ballyhooed stock price. Management is feeling the pressure to prop up the share price, and quickly. It is surprising that the options traders didn't take advantage of this. It appears to be a rather safe bet. Doc, are you buying more calls? Theo

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