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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

MO 57.31

-1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James R. Barrett who wrote (4978)	11/1/1999 7:20:00 PM
From: md1derful	Read Replies (2) of 6439

JB: The feeling was that there would be a certain litigation drag on the stock going forward consisting of all the little individual cases..some would be won and some lost..if the defense legal counsel can evolve a strategy of defending these claims successfully over time, this should lessen the overall damage and this is more likely than not priced into the stock..right now I just see two major hurdles..the engle case which should ultimately get thrown out on appeal as has every other class action, and the gov't case which goes with the wind when Clinton and Reno leave..I admit I'm looking at things through rosy glasses, but I may be as correct about this stock as todays sellers were wrong in selling...this seemed to be somewhat of an exhaustion to me...if I'm right we start going up tomorrow..warning, I haven't been right thus far!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next